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Amazon CEO Jeff Bezos has become the richest person in the world for the second time, beating his Microsoft co-founder Bill Gates, according to Forbes’ Real-Time Billionaire Rankings. Bezos became the richest person in the world for the first time three months ago as Amazon stock hit an all-time high on July 27.
Jeff Bezos’s net worth rose by $7 billion on Friday after Amazon stock opened up more than 8 per cent higher than Thursday’s close. Amazon stock saw a spike in after-hours trading on Thursday after the company reported strong third-quarter earnings. However, Bill Gates remained at the top position thanks to a 7 per cent spike in Microsoft’s stock overnight. At that time, Bezos had a net worth of $89.7 billion, while Gates had a net worth of $90.1 billion.
Then by 10:15 am Eastern, Amazon stock had climbed nearly 2 per cent since the market opened, adding $900 million to Jeff Bezos’ net worth and making him the world’s richest person again. At that time, Bezos had a net worth of $90.6 billion versus Bill Gates’ $90.1 billion.
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