The richest person in the world, Amazon CEO Jeff Bezos, added more money to his fortune in 2018 than any other billionaire (AMZN, MSFT, FB)
- Jeff Bezos, the CEO of Amazon, was the only individual in the globe in 2018 to amass a web well worth that topped $one hundred billion.
- In accordance to Bloomberg’s Billionaires Index, Bezos has a internet truly worth of $123 billion, which is $24 billion extra than his documented wealth at the conclude of 2017.
- Bezos is the founder of Amazon and the aerospace corporation Blue Origin, as well as the owner of The Washington Write-up.
In a year when the major names in tech were embroiled in scandals, there’s at least one particular govt who managed to get out of 2018 unscathed: Amazon CEO Jeff Bezos, who saw his internet well worth increase by much more than any of his billionaire peers.
Bezos claimed the title of world’s richest individual at the commencing of the calendar year and unseated the Microsoft founder Monthly bill Gates from his 24-year streak at the major of Forbes’ position of the richest Individuals. Now the Amazon CEO can say he elevated his prosperity in 2018 — by $24 billion, to be actual — by extra than any of the richest five hundred people in Bloomberg’s Billionaires Index.
Bezos finished off the year with a web value of $123 billion, and he is the only man or woman on the listing to have a 12-digit net value. But that just isn’t even Bezos’ peak web worthy of — more than the summer months, he surpassed a internet truly worth of $a hundred and fifty billion to grow to be the richest guy ever in present day history.
To set that in point of view, Bezos makes almost $four.five million in a one hour. With that wealth, shelling out $88,000 to him is equivalent to an average American paying $one, Company Insider calculated.
Bezos hasn’t revealed any symptoms of slowing down, if Amazon’s quick expansion in 2018 into cloud computing, prescription drugs, and other industries is any indication.
Go through more: We did the math to calculate just how substantially revenue billionaires and famous people like Jeff Bezos and Kylie Jenner make an hour
But though Bezos observed his web well worth rise, other billionaires failed to see the exact good results. Amid Facebook’s 12 months of knowledge leaks and a increase in general public distrust of the company, CEO Mark Zuckerberg dropped additional dollars than everyone else on Bloomberg’s index. Zuckerberg’s net value took a strike of almost $twenty billion this yr and is now pegged at a neat $52.nine billion.
Rounding out the major 5 billionaires on Bloomberg’s rating are Gates ($90 billion), the trader Warren Buffett ($82.9 billion), the CEO of LVMH, Bernard Arnault ($67.three billion), and the Spanish fashion govt Amancio Ortega ($58.seven billion).
Bloomberg Billionaire Index