Bill Gates Is No More The World’s Richest Man Ever!

Bill Gates the Co-founder of Microsoft being a generous and a cool guy, is known for one thing – he’s the richest man on earth. It had been believed that Bill at the age of 62 now, earns $250 each second. So yes! he’s ridiculously wealthy!

Although as per the news, recently Gates has been dethroned from his title and now there’s a “new ultimate Richie Rich on the block.”

Do you know Who? Jeff Bezos the founder of Amazon is officially the richest man on earth right now.

As per the reports Jeff rose above Bill Gates on 8th January 2018 with a net worth hitting $105.1 Billion. Previously when in April 1999, Bill was reported to have a net worth of $100 Billion that earned him the world’s richest person ever’s title.

ALSO READ: Do you know how Bill Gates became a Leadership Legend

Currently the worth of Bill Gates is $93.3 Billion after the profit of $1.49 Billion this year. The share price of Amazon has increased by around 57% For almost 12 months and would likely be growing in the near future.

Amazon’s shares have boosted up by 6.6% in 2018 and has profited 89% of online holiday shopping purchases for 5 weeks following Thanksgiving. Above that, the company has also acquired supermarket chain Whole Foods which has “significantly helped to boost shares,” plus they’ve also expanded “the range of devices connected with digital assistant Alexa.”

It can be recalled that the tech mogul gave away a lot of his assets through the Bill & Melinda Gates Foundation (BMGF) including almost 700 million Microsoft shares and $2.9 billion in cash.

BMGF is known for supporting different causes such as poverty, education and healthcare in different nations particularly.