{"id":2357,"date":"2017-07-28T08:26:44","date_gmt":"2017-07-28T00:26:44","guid":{"rendered":"http:\/\/akuadi.org\/life\/?p=2357"},"modified":"2017-07-28T11:42:13","modified_gmt":"2017-07-28T03:42:13","slug":"bill-gates-is-no-longer-the-richest-man-in-the-world-jeff-bezos-is-now-the-worlds-richest-man","status":"publish","type":"post","link":"https:\/\/akuadi.org\/life\/blog\/2017\/07\/28\/bill-gates-is-no-longer-the-richest-man-in-the-world-jeff-bezos-is-now-the-worlds-richest-man\/","title":{"rendered":"Bill Gates is no longer the richest man in the world, Jeff Bezos Is Now the World\u2019s Richest Man"},"content":{"rendered":"

Credit: NBCNews<\/a>::\u00a0http:\/\/www.nbcnews.com\/business\/business-news\/jeff-bezos-now-world-s-richest-man-surpassing-bill-gates-n787061<\/p>\n

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UPDATE (July 27, 2017, 6:20 p.m.):<\/strong>\u00a0The story below was true from the moment the stock markets opened on Thursday, and through the day as Amazon stock climbed to an intraday high of $1,083.31. But, by the time markets closed at 4:30 p.m. ET., the stock had dropped to $1,046, \u201ckicking Bezos out of the top spot,\u201d according to\u00a0Forbes<\/a>. Bill Gates is once again the richest person in the world, the magazine reports.<\/em><\/p>\n

Jeff Bezos is now the richest person in the world, with a fortune of more than $90 billion.<\/p>\n

The Amazon CEO took the title previously held by Microsoft founder Bill Gates when markets opened Thursday and Amazon stocks edged up 1.6 percent \u2014 adding $1.4 billion to Bezos’ net worth, according to\u00a0Forbes<\/a>.<\/p>\n

\"Image:<\/a>
Jeff Bezos, chief executive officer of Amazon, arrives for the third day of the annual Allen &amp; Company Sun Valley Conference, on July 13 in Sun Valley, Idaho.<\/span>\u00a0<\/i>Drew Angerer \/ Getty Images<\/figcaption><\/figure>\n

His new net worth of $90.6 billion is about $500 million more than Gates’,\u00a0Forbes\u00a0<\/a>reported.<\/p>\n

With the increase in his fortune, Bezos becomes the seventh person to be crowned world’s richest since the magazine started tracking billionaires 30 years ago.<\/p>\n

Gates, who co-chairs the Bill & Melinda Gates Foundation, has topped the Forbes list of the world’s billionaires for 18 out of the last 23 years.<\/p>\n

But while Bezos has dethroned Gates, the numbers don’t represent all of the money Gates has made over the years. As of the end of 2016, Gates had given away about $31.1 billion to philanthropic causes through the Giving Pledge, a movement he created with Berkshire Hathaway CEO Warren Buffett to encourage billionaires to give away at least half of their fortunes to charity, Forbes said.<\/p>\n

Related:\u00a0Amazon CEO Jeff Bezos Asks Twitter for Help With a Philanthropy Plan<\/a><\/strong><\/p>\n

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