Once again Bill Gates is the richest man

Posted by Joy on Monday, 18 November 2019

The crown of the world's richest, once again replacing Amazon CEO Jeff Bezos, is at the head of Microsoft's co-founder Bill Gates. According to the Bloomberg Billionaire Index, Bill Gates's current wealth is $ 1 billion. He hit Bezos on Friday as an asset yesterday.

bill gates vs jeff bezos

This is the first time in two years that Microsoft's co-founder has sat in the top tenor seat. Earlier, however, he briefly beat Bezos in October. At that time, Amazon announced a profit margin of less than 20 percent during the July-September quarterly earnings announcement. Bezos was left behind as an asset.

Microsoft's share price rose 5 percent this year, opening Bill Gates's forehead. The share price of his stock at Microsoft has risen. Microsoft signed a $ 5 billion cloud computing deal with Amazon last month. It also added extra drama to the assets between Gates and Bezos.

Bezos recently had to pay a large share of Amazon's shares with wife Mackenzie Bezos. At present, Bezos' wealth stands at US $ 1.8 billion.

On October 25, Bezos lost his top seat for the moment when Amazon's share price fell 5 percent. He returned to the top spot temporarily on Friday. Overall this year is not going well for Amazon. About $ 5 billion has been left out of Bezos' knot due to divorce. Bezos' wife Mackenzie received 20 percent of her share due to the settlement that the Bezos couple had on Amazon. Mackenzie's share on Amazon stood at 5 percent. His wealth now stands at $ 1 billion.

Amazon has invested $ 100 million to improve its product delivery system. Analysts, of course, consider it risky.

On the other hand, according to Bloomberg estimates, Bill Gates' share price rose 5 percent this year. His share in Microsoft is 5 percent. In 20 years, his share price has risen 5 percent.

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November 18, 2019

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