Amazon CEO Jeff Bezos Was the World’s Richest Person for Time Lapse

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With Amazon stock reaching the highest point during last day dealings, CEO Jeff Bezos was the world’s richest person for short while overtaking the numero Uno position from Microsoft Founder Bill Gates as per the valuation marked by the Forbes magazine which keeps track of the wealth accordingly.

As the per the information Amazon CEO own about 17 percent shares of $500 Billion company which made his worth around $90.6 Billion at one time which placed him over the current valuation of the Bill gates at being $90.1 Billion respectively.

But this was cut-short as the Amazon quarterly result with heavy spending gave 77% decline in the quarter profit giving the top position back to Bill Gates as share fell another 2 percent from the day highest.

Although Billionaire Bill Gates has given away a lot of his money to multiple philanthropic NGO including his own, while Jeff Bezos also asked for better ideas with respect to offering philanthropic ideas via his public tweet in June.

Amazon has been working on spending for hiring full time or part time for its new warehouses. With nearly 40,000 or 50,000 jobs according to the company will be full time counting to its goal of hiring 100,000 full time workers by middle of the 2018.

As per their policy there are always expanding their business with this time they are looking to close deal with $13.7 billion they bid for Whole Foods. Company is showing alarmingly high position this year with record 40 percent share increase this year only making the Company CEO stand as the second Richest person on the planet Earth.

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