Jeff Bezos Dethrones Bill Gates As World’s Richest Man

Jeff Bezos temporarily dethroned Bill Gates as the world’s richest man, but with much of his stock tied up in business dealings it was a temporary win, with the battle now on for the title!

“The vast majority of the Bezos fortune is tied up in Amazon stock, of which the CEO owns nearly 17%. That stake alone is worth $83 billion, meaning Bezos could just as quickly lose his new title as the world’s richest man should Amazon’s stock decline, or Microsoft’s value rise…” [ Read more here ]