Jeff Bezos becomes richest man in history with massive £78BILLION fortune after Amazon shares surge in value
Wednesday, 10 January 2018 - 15:29
AMAZON founder Jeff Bezos has become the richest man in history with a personal fortune of an eye-watering £78billion.
A 1.4 per cent rise in Amazon's share price made the New Mexico-born businessman £1billion ($1.4billion ) richer on Monday alone. His net worth grew by around £24billion ($32.6billion) in 2017 alone, with the majority of it coming from the 78.9million shares he owns in his company.
Bezos, 53, was the first person to amass a 12-digit fortune since Microsoft founder Bill Gates, who has given more than £44billion ($60billion) to charity, achieved the feat back in 1999.
Gates, 62, who is reported to have a net worth of £68billion ($93billion), would have been worth far more than Bezos had he had not given so much away.
Unlike Gates or investor Warren Buffet, worth an estimated £78billion, Bezos has only recently started focusing on philanthropy.