03 February 2021
Amazon founder Jeff Bezos has surpassed Microsoft founder Bill Gates to become the richest man in the world. Jeff Bezos net worth in estimated at $105 billion which is much higher than Bill Gates $93.3 billion net worth.
Warren Buffet with a net worth of $87.2 billion is the third richest man in the world followed by Mark Zuckerberg who has an estimated net worth of $77.5 billion. Buffet has a significant share in a number of companies including coca cola.
Jeff Bezos fortune consists of the 78.9 million shares of Amazon stock he owns. He also has invested in other companies like The Washington Post and Blue Origin- a company that plans to take people into space.
A report has highlighted that Bill Gates could have had a much higher net worth than Bezos if it wasn’t for the significant charitable donations he makes. Gates has reportedly given away 700 million shares of Microsoft till date, which are worth nearly $62 billion now. He has also donated over $3 billion in cash to various charitable organizations. If he had held on to the money he would have been worth more than $150 billion as on date.
The Bloomberg Billionaires Index tracks the net worth of all the major businesspersons and reveals the list of 500 billionaires across the globe. The net worth of the individual is determined by looking into the businesses the billionaires own as their shares in different companies.