The stock of Amazon hit an all-time high during intraday trading and because of that, the CEO of Amazon, Jeff Bezos’s net worth rose up to $90.9 billion. The estimated wealth of the e-Commerce giant’s founder has crossed the Bill Gates’s $90.7 billion. It means that Jeff Bezos is the richest person in the world at present.
The stocks of Microsoft is staying steady while the stocks of Amazon are increasing. Though the investors are expecting Amazon to state a drop in year-over-year profits, the share prices have jumped.
For those of you who don’t know who Jeff Bezoz is, he is the CEO of the e-commerce giant, Amazon. The company is also into cloud computing and is known for its online bookstore. It owns IMDB, Alexa, Goodreads and several other leading services in the world.
Back in December, the company had showcased its Amazon Go concept stores. Besides that, Jeff Bezos is in plans to launch a rocket company, Blue origins and already owns the Washington Post.
What would you do if you become a billionaire? Let us know about it in the comments section below. We’d love to hear about it from you.
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