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Bill Gates, the richest man in the world, took over for decades and finally changed hands

in our previous cognition, the position of the world's richest man has been occupied by Bill Gates. Now the world's richest man has finally changed hands. Do you know who the new world's richest man is On October 27, Amazon's stock price soared, and CEO Bezos became the richest man with $93.1 billion. Many people didn't know him. At the age of 22, Bezos was admitted to Princeton University, a famous university in the United States, and got a double degree. Founded in 1995, Cadabra online bookstore, later renamed Amazon, has become one of the most successful e-commerce websites in the world.

Bezos replaced Bill Gates to become the richest man in the world again

In the early morning of October 28, Beijing time, Amazon shares opened higher on Friday, rising 13.22% to a record high of $1100.95, with a market value of $526227 million.

Jeff Bezos, the founder and CEO of Amazon, has grown by more than 10 billion dollars, surpassed Bill Gates, the co-founder of Microsoft, and once again topped the world's richest man.

According to the Forbes real-time rich list, Bezos' personal wealth increased by about $10.3 billion to about $93.1 billion, surpassing Bill Gates' by about $90 billion. In addition, Warren Buffett is currently the third richest person on the list, with a wealth of about $81 billion.

Maybe when you read this news, you will feel familiar, because he was also the richest man in the world not long ago. In late July this year, his wealth briefly surpassed bill gates along with the stock price trend of Amazon. On July 27, with the stock price of Amazon reaching $1050 per share, Bezos' wealth once exceeded $90 billion, but fell to Bill Gates as the stock price of the company fell, becoming the 'richest man of the day'.

Amazon's share price soared, Bezos's fortune increased nearly $7 billion overnight

This time, how long will Bezos continue to be the richest man in the world? Maybe ask his company Amazon.

Amazon's share price soared after Thursday's third quarter earnings report, which showed:

Amazon's net profit in the third quarter was $256 million, up 2% year-on-year; its net sales reached $43.7 billion, up 34% year-on-year, better than the market expected. Among them, the revenue of Amazon AWS cloud business is 4.58 billion yuan, which is the fastest-growing and most profitable business of the company.

It's also worth noting that Amazon's recent acquisition of whole foods also contributed part of its revenue.

Amazon also released its fourth quarter earnings forecast, with revenue expected to be between $56 billion and $60.5 billion.

With the release of Amazon's strong financial report, Amazon's share price soared after Thursday's trading, breaking the $1000 mark, and continued to soar on Friday. Amazon increased its market value by about $61.9 billion on Friday alone, which is more than the market value of more than 400 companies under the standard 500 index, and the market value of a FedEx, which is about $61.8 billion. The Nasdaq composite also ended up 2.2% on Friday, its biggest one-day gain since November 2016. At the same time, compared with the 0.1% increase of the Dow, the 2.1% increase gap is the largest margin of the NASDAQ leading the Dow since September 24, 2002.

Bezos's value also rose with Amazon's share price, rising nearly $7 billion overnight and becoming the richest man on the surface on Friday morning.

Bezos has more than $90 billion in wealth, according to the billionaire index. In fact, the value of Bill Gates, who has just been overtaken by Bezos, continues to rise. With the rise of Microsoft's share price, Bill Gates's value has increased by about $550 million, with a total wealth of $88.5 billion, but it is behind Bezos. Of course, the ranking of the rich list will not be finalized. With the good financial results of major technology companies, the fight for the richest will continue.

In addition, in addition to Bezos and Bill Gates, Google's two co founders also made a lot of money because of the positive performance of the company's share price. Larry Page and Sergey Brin's personal wealth increased by $1.2 billion and $1.15 billion respectively.