Founder and largest shareholder of Amazon, Jeff Bezos has not only become the richest person in the world, but also touched the United States dollars 100 billion-mark for the first time, according to a Bloomberg report. It's also been no secret that Bezos has been gradually selling off $1 billion worth of Amazon stock per year, potentially to put towards ventures such as a spaceship project. On Friday alone, Bezos made nearly $2.4 billion.
Online sales for Black Friday are up 18.4% from past year, while the projected final spend is $5bn, according to Adobe Analytics.
Optimism for the pre-Christmas sales caused shares in the retail giant to jump more than 2 per cent, adding $2.4bn to Bezos' personal fortune and bringing his total net worth to $100.3bn.
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Bloomberg reported that he is the first to reach the $100 billion milestone since Bill Gates did in 1999. Same goes for Warren Buffet, the United States investor who is the third richest person with $78.9 billion. Unlike Gates or Buffet, Bezos has neither pledged his wealth for charity nor has he done too much about it.
While Gates and Bezos have both been vying for the top spot on the world's richest person list for some time, Gates made it slightly easier for Bezos to surpass him this year when he donated 5% of his net worth (roughly $4.6 billion) to charity in August.
Gates, who now has a net worth of $86.8 billion, is estimated to have had a net worth of $150 billion had he not given so much of his fortune to charity.
His goal was to tackle problems "at the intersection of urgent need and lasting impact".