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Jeff Bezos, Amazon founder and chief executive officer, has become the richest person in the world with his net worth crossing Rs 10,20,000 crore ($150 billion), according to a Bloomberg report. The second in line is Microsoft’s co-founder Bill Gates whose net worth is at Rs 6,49,400 crore ($95.5 billion), $55 billion less than that of Bezos. Bill Gates was first replaced by Bezos as the richest person in the world in July 2017 after holding the title for 4 years in a row.
Bill Gates is known for his charity activities. He donated around 700 million Microsoft shares to the Bill and Melinda Gates Foundation. Not only shares he also donated around Rs 20,000 crore ($2.9 billion) in cash to charities over the period of past 22 years. Bill Gates is followed by Warren Buffett at Rs 5,64,400 crore ($83 billion).
Compared to this, Mukesh Ambani, chairman of Reliance Industries, has total wealth of Rs 3,01,240 crore ($44.3 billion) on 13 July. He is the richest man in India.
According to Forbes’ 2018 ‘World’s Billionaires’ list, Reliance Industries Chairman Mukesh Ambani’s wealth surged a whopping 72.84 per cent — highest among the 119 Indian billionaires on the list. Ambani was ranked 19th globally, up from 33rd position in 2017.
“Mukesh Ambani chairs and runs USD 51 billion (revenues) oil and gas giant Reliance Industries, among India’s most valuable companies,” Forbes said.
According to Forbes, Azim Premji is the second richest Indian and was ranked 58th on the overall list with a net worth of USD 18.8 billion, followed by Lakshmi Mittal (62nd position, net worth of USD 18.5 billion), Shiv Nadar (98th, USD 14.6 billion) and Dilip Shanghvi (115th, USD 12.8 billion).
Amazon’s share price rose ahead of Amazon’s prime day sale, which started yesterday on July 16.
Bezos is in the same league of the Walton family, which is the richest dynasty having a wealth of $151.5 billion.
According to a report, one per cent of the US population controls 38.6 per cent of wealth in the country. Compared with this 22.8 per cent is with the bottom 90 per cent of the population.
(With PTI Inputs)
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