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By John Owen Nwachukwu
Amazon Chief Executive Officers, CEO, Jeff Bezos is now the richest person in the world for the second time.
Amazon stock opened up more than 8% higher than Thursday’s close, adding nearly $7 billion to Bezos net worth overnight.
According Forbes, Bezos had a net worth of $89.7 billion, as of the start of trading on Friday.
Bill Gates has a net worth of $90.1 billion, up $550 million from yesterday.
Then by 10:15 a.m. by Friday, Amazon stock had climbed nearly 2% since the market opened, adding $900 million to Bezos net worth and putting him in the No. 1 spot with a net worth of $90.6 billion versus Gates $90.1 billion at that time.
Bezos stock surged in after-hours trading on Thursday after the company reported strong third quarter earnings.
Jeff company reported $43.7 billion in revenue, well above the $42.1 billion analysts expected.
Bezos became the richest person in the world for the first time three months ago as Amazon stock hit an all-time high on July 27, just before Amazon reported its second quarter earnings.
But Bezos first time at the top of Forbes. Real-Time Billionaires List only lasted a few hours.
Bezos first joined the Forbes 400 in 1998, one year after the comapany went public, with a net worth of $1.6 billion.
Source:NewsNow
