Jeff Bezos Has More Money Than Bill Gates – And Now He’s Even Richer

Jeff Bezos, American technology entrepreneur who is founder and chief executive officer of Amazon, is now the richest man in the world, surpassing even Bill Gates by $49 billion – and this month Bezos became even richer.

“The stock of e-commerce giant Amazon took another step toward the stratosphere this past week, boosting the net worth of founder and CEO Jeff Bezos to an eye-popping $138.8 billion at the end of trading on Friday,” Madeline Berg of Forbes reported. “That makes the world’s only centi-billionaire $3.3 billion richer than a week earlier.”

On July 27, 2017, Bezos became the world’s wealthiest person when his estimated net worth increased to over $90 billion, and on March 6, 2018, Forbes formally designated Bezos the wealthiest person in the world with a net worth of $112 billion.

Bezos founded Amazon in his garage in 1994, and reportedly warned many early investors that there was a 70% chance Amazon would fail or go bankrupt.

READ MORE: Amazon Founder Jeff Bezos Has Never Been Richer Than He Was This Week