Advertisement
Advertisement
Advertisement
Celebrities

How Bill Gates overtook Jeff Bezos to become world’s richest man, again

STORYCEOWORLD Magazine
Bill Gates, former Microsoft CEO and co-chair of the Bill & Melinda Gates Foundation, has unseated Jeff Bezos as the richest person on the planet. Photo: Xinhua
Bill Gates, former Microsoft CEO and co-chair of the Bill & Melinda Gates Foundation, has unseated Jeff Bezos as the richest person on the planet. Photo: Xinhua
Millionaires, billionaires and trillionaires

Former Microsoft CEO Bill Gates has made nearly US$20 billion so far in 2019 alone – while Jeff Bezos has lost US$16 billion, pushing the Amazon CEO back to second place on the Bloomberg Billionaires Index

Former Microsoft CEO Bill Gates has narrowly unseated Jeff Bezos, founder and CEO of Amazon, as the richest person on the planet. As of November 18, Gates had a net worth of US$110 billion, according to the daily Bloomberg Billionaires Index. Bezos is just below, at US$109 billion.

According to the list, Gates’ fortune has increased by US$19.5 billion this year, while Bezos’ has fallen by US$16.2 billion. The first time Gates was named the richest person in the world was 1995 – when he had a net worth of US$12.9 billion.

Lurking just behind Gates and Bezos on the list is French retail mogul Bernard Arnault, the owner of luxury conglomerate LVMH, whose US$103 billion fortune has increased by about a third – US$34.1 billion – this year.

Select Voice
Select Speed
1x
AI-generated voice