Thursday, July 27, 2017

Jeff Bezos Overtakes Bill Gates as the World's richest man

The table has turned for the world's richest man according to Forbes. The latest ranking places Jeff Bezos,owner of online retailing shop-as the richest man in the world with a staggering wealth of $90.6 billion to displace Bill Gates.Amazon stock rose by 1.6% to give Jeff an astonishing $1.4 billion add-on.

This giant leap in wealth is not taking the world by surprise.Amazon started of as an eCommerce site for selling books.It gradually expanded to selling groceries, apparels, automobile parts, shoes, household equipment,etc.Most recently it went into video steaming and audio streaming.

Jeff also diversified into newspapers and aerospace travels.He is the founder of Blue Origin,which its vision is to see humans travel to space starting from 2018.

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