Bill Gates, Second In the List of the World's Richest Man. Jeff Bezos of Amazon Stands Tall On Top

News by Alex Supertramp Published on 28 Jul,2017 Updated on 28 Jul,2017

Bill Gates, a homely name that every individual in the field of finance and technology knows.

A name that stood so long as the world's richest man, Bill Gates, is no longer holding the position.

Source: HuffingtonPost

Since 2013, bill gates held the record of being the richest man in the world. to make a difference, here emerges a new face as the richest man in the world.  The CEO of Amazon, Jeff Benoz is the new man to hold the place as reported by Bloomberg.

It was reported that Amazon’s shares increased by 1.8% overnight where on the other hand Microsoft’s was dipped by numbers. This concluded with Bezos bumping Gates from the spot of Bloomberg’s ranking.

Source: FastCompany

A 22% jump in quarterly revenue of Amazon compared to a year before, making $37.2 billion growth has contributed in making the company on the top. Bloomberg reported, Bezos owns 79.9 million shares in the company.

The revised list of top 5 richest men in the world has Jeff Bezos, Bill Gates, Amancio Ortega, Warren Buffet and Mark Zuckerberg simultaneously.