How Does Jeff Bezos Become The Richest Man In The World In History

Amazon founder Jeff Bezos has just been named the richest person in the world with the most wealth in history. Jeff Bezos is said to have broken the record as the richest person in the world throughout modern history, whose calculations have been adjusted for inflation.

Jeff Bezos is the richest person alive and the first person in modern history to amass a personal fortune of over USD 100 billion. The wealth of the founder and CEO of the e-commerce giant Amazon is getting higher and higher. His wealth is now in the range of USD 150 billion or more than IDR 2,100 trillion. The wealth is US$ 55 billion (Rp 791 trillion) more than that of Microsoft founder Bill Gates, who is the second richest person in the world according to the Bloomberg Billionaires Index.

This bald-headed man is also said to have become the richest person in modern history, again beating Gates, who had amassed 100 billion US dollars in 1999. Gates' net worth was $100 billion in 1999 and is worth about $149 billion after adjusting for inflation in today's dollars. This allowed Bezos to officially surpass Bill Gates' net worth even after adjusting for inflation.

With this amount of wealth, he managed to win Bill Gates' record as the richest person in the world for 4 consecutive years. According to Forbes, Bill Gates' wealth has never exceeded USD 100 billion.

Bezos' wealth soared after the value of his Amazon shares jumped 59% in 12 months. The stock price of the e-commerce company earlier this week was recorded to have crossed the range of US$1,841.95 with a market capitalization value of US$890 billion.

Bezos for the first time was asked as the world's number one rich man in 2017. Since then his wealth has skyrocketed.

After Bezos and Gates, in the next sequence follows investor Warren Buffet with a wealth of USD 83 billion, then Facebook founder and CEO Mark Zuckerberg with a fortune of USD 82.9 billion. While a Spanish businessman, Amancio Ortega, is in fifth place with a value of USD 74.8 billion. In other words, three of the five richest people in the world today are mostly leaders from the technology industry.

Jeff founded the Amazon company on July 5, 1994, which later became the main source of his wealth. Jeff's parents were shocked when Jeff decided to leave his job on Wall Street to sell books online.

Although surprised, Bezos's parents actually invested approximately a quarter million USD in the company at that time. Unexpectedly, the current investment could be worth up to USD 30 billion.

1997 was a milestone for the company Amazon made its initial public offering. Since then, the share price has reached over 97,000 percent, wow! Amazon's stock rise far left its competitors.

Over the past two decades, Amazon has continued to grow rapidly.

This e-commerce giant sells a variety of products ranging from electronic to digital goods. One of the most prominent services is Amazon Web Services, which is a cloud service for companies that as of February 2018 is valued at 17.5 billion US dollars.

Amazon's Development and Popularity is the main source of its wealth. Jeff is the largest shareholder in Amazon.