Jeff Bezos became the world’s richest man… for a few hours anyway
Forbes said the Amazon CEO’s net worth was about £69 billion when the market opened on Thursday.
Amazon CEO Jeff Bezos briefly became the world’s richest man, as stock in the e-commerce company hit an all-time high.
Forbes said Bezos’s net worth was about $90.6 billion (£69 billion) when the market opened on Thursday.
But it was short-lived, as by the afternoon Microsoft founder Bill Gates had reclaimed the top spot as Amazon’s stock fell below the day’s opening price.
A number of people on Twitter congratulated Bezos on the achievement, even if it was just for a few hours.
Congratulations to Jeff Bezos on becoming the richest person in the world. In the past 20 years he has revolutionized the way we shop.— Ted Pawlikowski (@Fearlessspeaker) July 27, 2017
Congratulations @JeffBezos for being world's richest man...( for a couple of hours) but it is a tremendous achievement indeed...— Tanuj Patel (@TanujPatel0777) July 28, 2017
But some couldn’t help but crack a joke or two at the situation…
Jeff Bezos was world's richest person for 4 hours today.— Shridhar V (@iimcomic) July 28, 2017
Bill Gates was just restarting his Windows PC.
Bill Gates was like "Hello Jeff Bezos, please hold this world richest man position for me lemme go and urinate and come back"— Spirit™ (@CAN_Divine) July 28, 2017
I wonder how Jeff Bezos became the richest guy in the world.— Faber (@dfaber84) July 27, 2017
- Me as I take 47 Amazon boxes out of the house
Even if Amazon’s stock fell as the day went on, the company has been trading at a record high – its shares hit $1,083.31 (£826) at about noon on Thursday.
According to securities filings, Bezos owns about 80 million shares, or 17%. Those shares were valued at more than $87 billion (£66 billion) at the peak. Bezos also owns The Washington Post through a holding company.