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Tuesday, 17 July 2018

Jeff Bezos Is Now The Richest Man In Modern History

Jeff Bezos keeps shattering wealth records – first the richest man in the world. Then the richest man of our time. And now, the richest man in recent history – adjusted for inflation.

According to the Bloomberg Billionaires Index, Bezos’ fortune just crossed the $150 billion mark. That’s $55 billion richer than Bill Gates, at number two.

Bezos became the richest man a year ago. Then in January, he became the richest man “ever” ( or at least in modern times) after his fortune reached $104 billion – topping Bill Gates’ all-time high of just above $100 billion in 1999.


But some wealth-watchers didn’t consider Bezos’ fortune truly larger than the Gates high, since Gates’ $100 billion in 1999 wasn’t adjusted for inflation.

Bezos' fortune has more than doubled over the past two years as Amazon’s stock has soared.

Earlier Monday, Amazon shares hit an intraday all-time high of $1,841.95, and the company's market value now tops $890 billion.

But there is still one wealth measurement that Bezos has yet to achieve — the wealthiest ever, as a share of national GDP.

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Jeff Bezos Is Now The Richest Man In Modern History

Jeff Bezos keeps shattering wealth records – first the richest man in the world. Then the richest man of our time. And now, the richest man in recent history – adjusted for inflation.

According to the Bloomberg Billionaires Index, Bezos’ fortune just crossed the $150 billion mark. That’s $55 billion richer than Bill Gates, at number two.

Bezos became the richest man a year ago. Then in January, he became the richest man “ever” ( or at least in modern times) after his fortune reached $104 billion – topping Bill Gates’ all-time high of just above $100 billion in 1999.


But some wealth-watchers didn’t consider Bezos’ fortune truly larger than the Gates high, since Gates’ $100 billion in 1999 wasn’t adjusted for inflation.

Bezos' fortune has more than doubled over the past two years as Amazon’s stock has soared.

Earlier Monday, Amazon shares hit an intraday all-time high of $1,841.95, and the company's market value now tops $890 billion.

But there is still one wealth measurement that Bezos has yet to achieve — the wealthiest ever, as a share of national GDP.

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