Why Jeff Bezos became the richest person in the world?
Jeff Bezos is still the richest man in the world, even after losing USD10 billion in a year.
Amazon’s founder still is the top spot on this 2020, Bloomberg Billionaire index with an estimated net worth of $ 115 billion. He is followed closely by Microsoft founder Bill Gates, with an estimated worth of $ 113 billion.
This is the only three billionaires on the list with their net worth over 100 billion of over $ 100 billion, Bezos, Gates and French business magnate Bernard Arnault.
Bezos expected to lose first place in the billionaire index after a difficult year for his finances. As part of his divorce settlement with his ex-wife Mackenzie Bezos, he retained 75% of the pair’s Amazon shares.
The rest went to his ex-wife, who also received a 4% stake in the company. That was about $ 37 billion, making her the 25th richest person in the world.
Gates precipitated Bezos shortly in November after Amazon’s earnings fell nearly 28% from the previous year, while Microsoft’s stock rose 48%. But his time at the top was short-lived.
Familiar faces complete the top 10. Warren Buffett and Mark Zuckerberg mark fourth and fifth places. The Facebook founder added $ 26.3 billion to his personal wealth this year.
Julia Flesher Koch, widow of conservative businessman David Koch and the only woman in the top 10, is worth $ 62 billion.