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Jeff Bezos Overtakes Bill Gates As World’s Wealthiest Person


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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