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.