Amazon CEO Jeff Bezos Overtakes Bill Gates To Become World’s Richest Man


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Jeff Bezos is now the richest person in the world, with a fortune of more than $90 billion.

The Amazon CEO took the title previously held by Microsoft founder Bill Gates when markets opened Thursday and Amazon stocks edged up 1.6 percent — adding $1.4 billion to Bezos' net worth, according to Forbes.

With the increase in his fortune, Bezos becomes the seventh person to be crowned world's richest since the magazine started tracking billionaires 30 years ago.

Gates, who co-chairs the Bill & Melinda Gates Foundation, has topped the Forbes list of the world's billionaires for 18 out of the last 23 years.

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