Amazon's market value keeps soaring to Bezos to catch up with Bill Gates.
[TechWeb Report] According to Forbes, Amazon's valuations continue to hit a record high, which also makes Amazon's CEO Bezos's net assets continue to increase. As of the close of the market on Friday, Bezos’ net assets rose by 2.8 billion U.S. dollars to 84.7 billion U.S. dollars, a record high. At the same time, he has also become the fastest growing billionaire in wealth. He is getting closer and closer to Bill Gates, with only a gap of about 3.8 billion U.S. dollars.
For the past 23 years, Gates has taken the top spot on Forbes' annual list of billionaires for 18 years. When the 2017 Forbes billionaire list was released in March, Bezos’ net worth was $72.8 billion, which was $13.2 billion less than Gates. It is expected to surpass Bill Gates in the first month and to top the list.
This is mainly due to the growth of Amazon.com. Amazon's stock price has increased by 4.5% this week and has soared by more than 30% since the beginning of this year.
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