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Home / News / Business News / Jeff Bezos overtakes Bill Gates as the world's richest man
  • Business

    Jeff Bezos overtakes Bill Gates as the world's richest man

    Written by
    Sumedh Chaudhry
    Edited by
    Sneha Johny
    Last updated on Jul 27, 2017, 08:14 pm
    Jeff Bezos overtakes Bill Gates as the world's richest man
  • With Amazon's shares witnessing a surge, Jeff Bezos, the owner of the online e-commerce platform, has now surpassed Bill Gates to become the world's richest man.

    Microsoft co-founder has been holding the top spot since May 2013 but as the market closed, Bezos armed with a net worth of $90.9 billion toppled Gates, who has $90.7 billion in his kitty, to take the mantle.

  • In this article
    Jeff Bezos: A profile Bezos: Life and education Bezos' tryst with space travel Bezos' career and milestones Bezos buys news organization Washington Post Jeff Bezos overtakes Bill Gates as the world's richest man
  • About

    Jeff Bezos: A profile

    Jeff Bezos: A profile
    Credits:
  • Jeff Bezos, born 12 January 1964, is a tech entrepreneur with a massive online retail e-commerce platform under his belt.

    The venture, Amazon.com, is touted to be one of the largest portals for retailing a variety of products and services.

    His net worth at about $65.05 billion is attributed to Amazon witnessing a surge in its stock price, and recording massive profits this year.

  • Bezos' early life

    Bezos: Life and education

    Bezos: Life and education
  • Jeff Bezos was born in Albuquerque, New Mexico, to Jackie and Ted Jorgensen, a young couple whose marriage did not last for more than a year.

    Bezos was later brought up by his stepfather, Miguel Bezos, who introduced him to the world of science.

    During summers, he spent time exploring mechanics and technology with this grandfather, who was heading the US Atomic Energy Commission.

  • Do you know?

    Bezos' tryst with space travel

  • Bezos' young fascination for space led him to launch his startup Blue Origin in 2000, that was kept under wraps till late 2006. He wished to build amusement parks and hotels in space and even spent millions building a clock that would last 10,000 years.

  • Jeff Bezos kickstarts his career

    Bezos' career and milestones

    Bezos' career and milestones
    Credits:
  • Bezos soon went on to complete his Bachelor's in computer science and electrical engineering from Princeton University.

    After his first stint at Wall Street, he launched Amazon.com in 1994, after chalking out studies based on increasing internet users.

    After starting out as an online bookstore, it diversified into providing everything from cloud services to e-readers, and reported sales of over $29 billion this year.

  • Information

    Bezos buys news organization Washington Post

  • In early 2013, news organization The Washington Post was acquired by the Amazon founder, although Bezos said that this purchase will not have any ties to the online e-retail site. The deal was effected on 1 October 2013, with Bezos's Nash Holdings taking its control.

  • 27 Jul 2017

    Jeff Bezos overtakes Bill Gates as the world's richest man

    Jeff Bezos overtakes Bill Gates as the world's richest man
  • With Amazon's shares witnessing a surge, Jeff Bezos, the owner of the online e-commerce platform, has now surpassed Bill Gates to become the world's richest man.

    Microsoft co-founder has been holding the top spot since May 2013 but as the market closed, Bezos armed with a net worth of $90.9 billion toppled Gates, who has $90.7 billion in his kitty, to take the mantle.

  • Bill Gates
  • Jeff Bezos
  •  
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