Jeff bezos surpasses Bill Gates as richest man again.

msn.com

* Jeff Bezos became the richest man in the world Friday morning.

* The gain in Amazon stock' price added nearly $7 billion (£5.3bn) to his wealth overnight.

* This isn't the first time Bezos has passed Bill Gates, who formerly held the No. 1 spot.

Jeff Bezos just made $6 billion; he's now probably the world's richest man

Watch: Jeff Bezos just made $6bn - and taken the title of world's richest person (Veuer)

Jeff Bezos became the richest man in the world Friday morning, after adding nearly $7 billion (£5.3bn) to his wealth overnight.

With Amazon's share price surging this morning after its earnings report, Bezos's wealth shot up to more than $90 billion (£68.7bn), according to calculations by CNBC and data from the Bloomberg Billionaires Index. That put Bezos pastBill Gates to become the richest man in the world.

Gates also added to his fortune this morning with the rise in Microsoft stock after its earnings. But his gain of around $550 million put his fortune at $88.5 billion — not enough to stay ahead of Bezos.

It will be a horse race throughout the day, however. If Microsoft goes up more, or if Amazon slips after the stock starts trading, Bezos could fall back to number two.

This isn't Bezos' first time as numero uno. He became the richest man for the first time in July – but his reign only lasted a day. On July 27, Amazon's share price topped $1,050 and Bezos' paper fortune soared past $90 billion. But after Amazon's share price slipped, Bezos fell back to second place behind Gates.

At some point, given Amazon's dominance in so many markets, Bezos is likely to pull further ahead in the race for the richest man. For now, however, the battle is between Microsoft and Amazon.

Just after the market's open, Amazon shares were trading up nearly 10 percent at around $1,067, while Microsoft's stock gained 9 percent to trade just under $86.

Comments

Compiled list of winners in the AMA awards.

See below for the updated list of winners from throughout the night! ARTIST OF THE YEAR The Chainsmokers Drake Kendrick Lamar Bruno Mars -- WINNER Ed Sheeran NEW ARTIST OF THE YEAR James Arthur Niall Horan -- WINNER Julia Michaels Post Malone Rae Sremmurd COLLABORATION OF THE YEAR The Chainsmokers feat. Halsey, “Closer” Luis Fonsi & Daddy Yankee feat. Justin Bieber, “Despacito” -- WINNER DJ Khaled feat. Justin Bieber, Quavo, Chance the Rapper & Lil Wayne, “I’m The One” Maroon 5 feat. Kendrick Lamar, “Don’t Wanna Know” The Weeknd feat. Daft Punk, “Starboy” TOUR OF THE YEAR Garth Brooks Coldplay -- WINNER U2 VIDEO OF THE YEAR Luis Fonsi & Daddy Yankee, “Despacito” Bruno Mars, “That’s What I Like” -- WINNER Ed Sheeran, “Shape of You” FAVORITE MALE ARTIST – POP/ROCK Drake Bruno Mars -- WINNER Ed Sheeran FAVORITE FEMALE ARTIST – POP/ROCK Alessia Cara Lady ...

IMSU Best Student Gets N13.7M Scholarship From Rochas

IMSU Best Student Gets N13.7M Scholarship From Rochas Dr Chigozie Ekenze, the best graduating student at the 2016 combined convocation ceremony of Imo State University IMSU was given Thirteen Million Seven Hundred Thousand Naira (13,700,000) been by Governor Rochas Okorocha to enable him proceed for his Post Graduate Program in London immediately. Dr Chigozie who lost his Father after gaining admission to study Optometry in Imo State University and was almost withdrawn for lack of funding as his mother’s vegetable trade could not sponsor his education. After becoming governor in 2011, Rochas Okorocha declared free and compulsory education from primary to university for him.

15 Things You Probably Didn’t Know About Cristiano Ronaldo

From his difficult childhood in Madeira to the top of world football, here are 15 facts you may not know about Ronaldo. 1. His Father Was Troubled Dinis Aveiro, Ronaldo’s dad, was a war veteran. He spent a year in Angola during the Portuguese authoritarian regime’s war to keep its former colony in the mid-70s, although he never saw any action. He struggled with alcohol abuse for much of his life and even started selling his son’s signed Manchester United shirts to feed his habit. He died at 52 of liver failure in London in 2005, despite Ronaldo’s efforts to save him. 2. He Grew Up in Poverty You may know that Ronaldo had humble origins in Madeira, but did you know that he even had to share one bedroom with his brother and two sisters? Dinis Aveiro struggled to find work, and one of his roles was at the local football club, where he’d do odd jobs and drink at the bar. His mum was a cook. 3. He Always Hated Losing Ronaldo started training with his l...

Comments 234

Search This Blog