James Alexander Michie: The richest man in modern history | Bloomberg

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Jeff Bezos Becomes the Richest Man in Modern History, Topping $150 Billion | James Alexander Michie

Author: James Alexander Michie

The richest man in modern history is Jeff Preston Bezos who has managed to reach the fortune of $ 150 billion.

Bezos is an American technology entrepreneur, investor, philanthropist, and the founder, chairman, and chief executive officer of Amazon, the world’s largest online retailer and has now established himself as the richest man in modern history, his net worth reached $ 150 billion in New York on Monday, is $ 55 billion more than Bill Gates the co-founder of Microsoft Corp. The second richest person in the world.

Likewise, Bezos crossed the threshold at the moment that Amazon was going to start its 36-hour summer sales event, known as Prime Day, which in the beginning was affected by technical problems that affected both the website and the mobile application of the company.

It is possible that the $ 150 billion fortune of Jeff Bezos does not last long, as the shares fell below $ 1,800 in extended trades after Netflix Inc. published disappointing results shaking up tech investors.

On the other hand, it is important to note that the current richest man in modern history has surpassed fortunes such as those of Alibaba Group Holding Ltd, President Jack Ma, the richest person in Asia, the Walton family, the richest dynasty in the world

According to a Federal Reserve report, the top one percent of American families controlled 38.6 percent of the wealth in the United States.

Take a read: https://www.bloomberg.com/news/articles/2018-07-16/happy-prime-day-jeff-amazon-ceo-s-net-worth-tops-150-billion

Source: Olivia Carville and Tom Metcalf | Bloomberg


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