Jeff Bezos Surpasses Bill Gates - Becomes World's Richest Man

A surge in Amazon shares this morning (ahead of earnings) has propelled founder Jeff Bezos past Microsoft founder Bill Gates as the world’s richest person...

As Bloomberg reports, shares of the online retailer rose 1.8 percent to $1,071.31 as of 9:30 a.m. in New York. If the gains hold through the close, Bezos, 53, could leapfrog Gates on the Bloomberg Billionaires Index. The 61-year-old Microsoft Corp. co-founder has held the top spot since May 2013.

Bezos owns about 17 percent of Seattle-based Amazon, which has surged 40 percent this year through Wednesday, helping to add $24.5 billion to his net worth. He started 2017 as the world’s fourth-wealthiest person and has since leapfrogged Inditex SA founder Amancio Ortega, who ranks third with $82.7 billion, and Berkshire Hathaway Inc.’s Warren Buffett, No. 4, at $74.5 billion.

Notably, Amazon and Facebook are now both worth over $500 billion market cap.

And as far as what (or who) is behind the success of Bezos, it's simple...

Central Bank policy truly means the rich get richest!

So this means that "the leader of the free world" is now in a feud with "the world's richest man" - should be fun to see who wins that.


Mr 9x19 NidStyles Thu, 07/27/2017 - 13:20 Permalink

possessing stocks do not mean you are grid, no sell, no bank transfer, no cash. are rich of's all BS digits.when shtf you are rich because you have manual skills.having stocks is in era of time of the last 100 years. in a close futur it will be meaningless.they just have not read atlas shruggle yet to understand it

In reply to by NidStyles

Shitonya Serfs FixItAgainTony Thu, 07/27/2017 - 15:24 Permalink

I think the problem AMZN should have (and would have if they weren't pumping data to GOV), is they started as an online store that provided goods from many companies, delivered by many transports, and at prices @ or below traditional retail outlets.

Now, they are starting to gobble up (or put out of business) the businesses/manufactures that supplied the goods.

Now, they are starting to have their own people (rather poor contractor drivers) deliver the goods.

And finally, they are starting to let the prices edge higher since they are knocking out their competition.

This is what is (or should)_put them in the cross-hairs for antitrust problems.

Oh yeah, as for Gates...he was brought to court for putting IE in Windows.

Google? Has monopoly on search (thank Marisa for killing YHOO). Has spy tools built into everything from phone, to web, to IOT home tools, to toys, to tablets, to browsers, to OSs, etc. etc. etc.

If it weren't for the data directly to GOV, these companies would have been broken into little pieces long ago.

But then again, according to these Tech leaders: competition if just one click away or being developed in a garage by the college dropout.

In reply to by FixItAgainTony

East Indian DeadFred Thu, 07/27/2017 - 10:12 Permalink

TARP of 2008 started with $700 billion, and ended somewhere in the early trillions; the National Debt of US doubled from $10 trillions to $20 trillions; you or me or anyone you know do not own a dollar of these billions and trillions; the derivatives gambling is in the region of %600 trillions; and yet the richest man is just $ 100 billion?  There are trillionaires hiding somewhere, may be even in plain sight. These are only vassals allowed to prattle.

In reply to by DeadFred

veritas semper… East Indian Thu, 07/27/2017 - 13:05 Permalink

Who rules Britain? Some say the Queen.She and her spawn are just parasites.Very expensive ones. But the Queen needs permission to enter THE CITY.The CITY does not pay taxes.The laws do not apply to the City of London ,there are no elections there.They are above the law,above everything. But,they have a permanent representative in the British Parliament.Not elected.They call themselves "independent" and have 5 biig banks that run Britain.Into the ground.So,who rules Britain again? Britain was occupied in 1688.In 1894 the BANK was created.Thhen THE CITY.Hoew about Jewmerica?They have the DC that seems to be above the law.They have an "independent"CB.Nobody audited the FED. They do not pay taxes,they receive an anual 6% profit ,no matter what.They make policies that destoy our life and we can not even audit them.We don't know who are the shareholders exactly.It was a glimpse into it (done by Ron Paul) in 2009 I think. It was found that the Fed payed 16 T to goreign banks.Wait.What? Who are these banks and how come tax dollars(or printed money ,but it's the  same as it affects all of us slaves)are given to foreign banks ,witout the population knowing it?The FEd is "independent".It also seems to be a subsidiary of the CITY.So,I ask again"who runs bartertown"? Do we know who much money or assets they have? NO.These so called billionaires ,in paper money,are their front boys.They are ,however ,part of the tribe,if you look closely. 

In reply to by East Indian

NotBuyingIt Thu, 07/27/2017 - 10:03 Permalink

Neither of these evil cunts (Gates or Baldy) are the "richest person in the world". Fuck that propaganda. We all know that the wealth of these two douchebags combined does not even approach the wealth of the Rothschilds.Oh, and WHO THE FUCK CARES!!! This is all a globalist circus.

adr Thu, 07/27/2017 - 10:14 Permalink

Facebook has revenue of what $30 billion in a year? And the fucking company is worth over $500 billion? If Walmart was valued like Amazon and Facebook it would be worth trillions.