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$200 billion fortune

The 56-year-old Chief Executive Officer of Amazon, Jeff Bezos, has become the first person ever to amass a $200 billion fortune. Mr Bezos had unseated Bill Gates in 2017 as the richest person in the world. https://www.premiumtimesng.com/news/more-news/405846-tony-elumelu-bill-gates-others-to-feature-on-time-100-talks.html According to **Forbes**, he became wealthier early Wednesday when he crossed a milestone previously unseen in nearly four decades. https://www.forbes.com/sites/jonathanponciano/2020/08/26/worlds-richest-billionaire-jeff-bezos-first-200-billion/amp/?__twitter_impression=true “With Amazon stock edging up 2% as of Wednesday afternoon, Bezos’ net worth is up by $4.9 billion, making the 56-year-old the world’s first-ever person to amass a $200 billion fortune,” Forbes said. “As of 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO is worth $204.6 billion—nearly $90 billion more than the world’s second-richest person, Bill Gates, who’s currently worth $116.1 billion. “Even adjusting for inflation, Forbes believes Bezos’ fortune is the largest ever amassed. The person to come closest: Bill Gates, who was the world’s first-ever centibillionaire. Near the height of the dot-com bubble, when Microsoft reached its then-peak in 1999, Gates’ net worth surpassed $100 billion, roughly $158 billion in today’s dollars.

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