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Jeff Bezos Overtakes Bill Gates As World’s Wealthiest Person

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The CEO of Amazon, Jeff Bezos has broken historical records by becoming the wealthiest person alive according to reports from the Bloomberg Billionaires Index.

Bezos is recorded to own a fortune of US$171.6 billion which surpasses his previous record of $167.7 billion in 2018.

The 56 year old American internet entrepreneur has gained about $56.7 billion in this year. A great  amount of his wealth comes from Amazon, with the CEO owning roughly 57 million shares of the company.

Despite the global outbreak of COVID-19, Amazon has flourished in business in the recent months, due to the growing demand for online shopping.

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