Amazon CEO Jeff Bezos surpasses Bill Gates as world's richest pe - Spokane, North Idaho News & Weather KHQ.com

Amazon CEO Jeff Bezos surpasses Bill Gates as world's richest person

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Amazon founder Jeff Bezos has surpassed Microsoft cofounder, Bill Gates as the world's wealthiest person.

The announcement was made Thursday morning after Amazon stock rose 1.3% to $1,065.92 giving Bezos a net worth of $90.9 billion, versus $90.7 billion for Gates, according to Bloomberg. 

Gates has held top spot on Bloomberg wealth index since 2013. 

Amazon is expected to post quarterly revenue of $37.2 billion, a 22 percent jump from a year earlier, according to the average estimate of 34 analysts surveyed by Bloomberg, and earnings per share of $1.42.

READ MORE HERE: https://www.bloomberg.com/news/articles/2017-07-27/bezos-surpasses-gates-as-world-s-richest-ahead-of-amazon-results

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