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Amazon CEO again surpassed Gates as the richest man in the world

via:CnBeta     time:2017/10/28 1:07:18     readed:289

Net profit of $256 million, compared with the same period last year net profit of 252 million U.S. dollars, an increase of 1.6%. Diluted earnings per share of $0.52, exceeding Wall Street analysts expected $0.03.

Driven by this,AmazonThe stock price rose sharply on Friday morning local time, making the company CEO Bezos's personal assets increased by nearly $7 billion overnight, total assets of more than 90 billion U.S. dollars. To this end, Bezos again beyond Gates, has become the world's richest man.

Meanwhile,MicrosoftThursday also released at the end of September 2018 fiscal first quarter earnings. Revenue was $24 billion 538 million, an increase of 12% over the same period last year of $21 billion 928 million. Based on GAAP, net profit was $6 billion 600 million, an increase of 16%.

On Friday morning, Microsoft shares also rose, but only pushed Gates's personal assets up 550 million dollars, making its total assets of $88 billion 500 million. Three months ago today, July 27th, Bezos had assets for the first time beyond Gates, has become the world's richest man, but soon passed by Gates.

Bezos has been in the ranks of billionaires for nearly 20 years. After 1998 the Amazon IPO Bezos, with a net worth of $1 billion 600 million in "Forbes rich list". In 2007, Bezos increase of personal assets to $4 billion 400 million in 2012, increased to $18 billion 400 million, ranked twenty-sixth in the world.

But in the past two years, Amazon shares rapid growth, but also to promote a substantial increase in personal assets bezos. He has 79 million 900 thousand shares of AmazonsharesApproximately 17% of the issued shares of the company. Over the past five years, $70 billion has increased by $45 billion in the past two years.

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