Jeff Bezos was briefly the world’s richest person on Thursday.
The recent surge in Amazon stock has pushed Bezos’ fortune to over $90 billion, vaulting him past Bill Gates.
Although he has been a billionaire for more than 20 years, his wealth has surged in the last two years
Jeff Bezos was the richest man in the world for a time on Wednesday, with a fortune of over $90 billion.
According to Forbes and Bloomberg, the Amazon CEO had a net worth of over $89 billion as of the close of markets Wednesday, while Microsoft co-founder Bill Gates had a net worth of just over $90 billion.
Even if Bezos didn’t end the day as the richest man, he will likely take the crown from Gates more permanently in the coming days and weeks.
When he hits the mark, Bezos, who started selling books from his garage 22 years ago, becomes the first man to bump Gates from his perch in seven years and is only the sixth man to hold the “richest person” title in the past 30 years, according to Forbes.
Bezos will be a different figurehead. Unlike Gates, he is still actively running and building a business. He is far more press-averse, rarely giving interviews or public addresses. He is hyper-competitive. And he is only moderately — some would say barely — philanthropic.
But like Gates and Buffett, Bezos is not given to many flashy displays of wealth. He has loads of real estate — he bought the most expensive home in Washington, D.C., and owns homes in Beverly Hills, California, and New York along with his spread in Medina, Washington — and is one of the nation’s largest landowners, with over 300,000 acres.