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Richest Man in The World

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Jeff Bezos is still the richest man in the world with a net worth of $131 B

As goes Amazon, so goes the fortune of Jeff Bezos. Overall it was a positive year for the e-commerce heavyweight’s stock. That kept its founder and CEO atop Forbes’ 2019 list of the World’s Billionaires for the second year in a row, with an eye-popping $131 billion fortune. That’s $19 billion more than a year ago.

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In 2018 Bezos became the first person to top a Forbes billionaires list with a net worth of $100 billion or more. Though Amazon’s stock has fallen from its peak of $2,012 a share in August 2019, the stock is still worth more than it was a year ago. 

Jeff Bezos Bio

Jeffrey Preston Bezos ( born January 12, 1964) is an American internet and aerospace entrepreneur, media proprietor, and investor. He is best known as the founder, chief executive officer, and president of Amazon. The first centi-billionaire on the Forbes wealth index, Bezos was named the “richest man in modern history” after his net worth increased to $150 billion in July 2018. In September 2018, Forbes described him as “far richer than anyone else on the planet” as he added $1.8 billion to his net worth when Amazon became the second company in history to reach a market cap of $1 trillion.

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Bezos was born in Albuquerque, New Mexico, and raised in Houston, Texas. He graduated from Princeton University in 1986 with a degree in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994. He founded the online retailer Amazon in late 1994 on a cross-country road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a wide variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence. It is currently the world’s largest online sales company, the largest internet company by revenue, as well as the world’s largest provider of AI assistance  and cloud infrastructure services through its Amazon Web Services arm.

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Bezos founded the aerospace manufacturer and sub-orbital spaceflight services company Blue Origin in 2000. A Blue Origin test flight successfully first reached space in 2015, and the company has upcoming plans to begin commercial suborbital human spaceflight. Bezos also purchased the major American newspaper The Washington Post in 2013 for US$250 million in cash and manages many other investments through his venture capital firm, Bezos Expeditions.

 

 

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