Business

Bill Gates once again defeats Jeff Bezos, becoming the world’s richest man

Former Microsoft CEO Mr. Bill Gates is today the world’s richest man after the ousting Amazon founder Mr. Jeff Bezos for top spot again. Mr. Bill Gates’ affluences stand at US $110 billion as of November 2019. While Jeff Bezos paths at US US$109 billion, according to latest reports. the Bloomberg Billionaire Index Since 2008, Mr. Bill Gates has been surpassed several times by centi-billionaires such as Mr. Jeff Bezos, investor and Mr. Gates’s best friend Mr. Warren Buffett and Mexican business magnate Mr. Carlos Slim. Although a significant amount of Mr. Bill Gates’ affluences is deployed to Bill and the Melinda Gates Foundation, the tech icon and philanthropist still holds a huge amount of the Microsoft stocks. According to Bloomberg, a current windfall in Mr. Bill Gates’ net value can be credited to Microsoft winning a US $10 billion Pentagon contract which increased the company’s stock price.

Bill Gates and Jeff Bezos, as well as Louis Vuitton’s famous Bernard Arnott, are the only three people on the planet with more than $100 billion in wealth, making them the elite of the elite. Bill Gates became the world’s richest man for the first time in 1995, when he accumulated $12.9 billion in wealth. However, the founder of e-commerce giant Amazon has hit twice in his net worth in recent months. Jeff Bezos lost billions of dollars after Amazon’s poor performance in the third quarter, but his ex-wife Mackenzie Bezos also lost about 350 after the divorce. One hundred million U.S. dollars

At the same time, Microsoft founders said that the India has potential to achieve rapid financial growth in the next period. The country will boost people out of the poverty and permit the government to give priority investment in education and health in a stimulating way. In addition, PTI quoted billions The millionaire philanthropist also admired India’s identity system as Andhra. And its performance in the financial services and pharmaceutical sectors.

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