Connect with us

Business

Amazon CEO Now the Richest in History

Jeff Bezos has an absurd amount of money.

Published

on

Bloomberg’s billionaire tracker indicated late yesterday that Jeff Bezos, founder and CEO of Amazon, has broken the record for richest person in history. His current net worth, according to CNN Tech, falls somewhere between $104.4 billion and  $105.1 billion.

Bezos earned the title of world’s richest person back in July, when he briefly passed Bill Gates, but lost the spot soon after. Bezos’ new worth, however, breaks a record that Gates previously held back in 1999: richest person, ever.

Bezos’ success is largely due to a 12-month surge that has lifted Amazon.com’s value by about 57%, according to Fortune. It is also important to note that Gates’ estimated worth has been heavily impacted by the amount of money he has donated through the Bill and Melinda Gates Foundation; Bloomberg estimates without these donations, Gates would be worth approximately $150 billion.

Jumpstart a career doing something you are passionate about with one of College Media Network’s courses. Read about our current offerings, schedule and unique virtual learning environment here.

Carla is a recent graduate of Touro College in New York City, where she developed a keen ability to joke her way out of anything. She has previously worked for the Mayor's Office of New York, as well as ABC7 Eyewitness News. She is currently the Senior Editor at CMN, and can be reached at carla@collegemedianetwork.com.

CMN Reports

Government6 days ago

Washington Becomes First State to Have a Public Insurance Option

The Evergreen State is going to compete in the healthcare insurance market.

by , The Catholic American University
Free Speech1 week ago

Serious Controversies Ensew Turning Point USA at University of Nevada, Las Vegas

Controversies ranging from racism to assault plague UNLV.

by , The Catholic American University
Environment3 weeks ago

Los Angeles Launches Its Very Own Green New Deal To Combat Climate Change

The City of Angels goes green.

by , The Catholic American University
Government1 month ago

NYC Passes Its Own Green New Deal to Combat Man-Made Climate Change

The Big Apple goes green.

by , The Catholic American University
Equality1 month ago

Massachusetts Outlaws LGBTQ Conversion Therapy For Minors

The Bay State is taking more steps to protect LGBTQIA+ youth.

by , The Catholic American University
Election 20202 months ago

A Majority of Americans Supporting Progressive Policies Nationwide

A more progressive union in the near future?

by , The Catholic American University
Government2 months ago

Maryland Will Rise its Minimum Wage to $15 an Hour

The Free State raises its minimum wage to help its workers.

by , The Catholic American University
Education2 months ago

West Virginia Makes their Public Community Colleges Tuition Free for In-State Residents

The Mountain State is helping out its youth and their futures.

by , The Catholic American University

Most Read From CMN Writers