Amazon CEO Jeff Bezos's wealth reaches US$150 billion

Amazon founder Jeff Bezos is now worth US$150 billion.

 

Bloomberg Billionaire Index says Jeff Bezos's net worth has increased by more than $60 billion in the last 12 months, which makes him the richest man in modern history. 

 

Bezos, 54, has now topped Microsoft co-founder Bill Gates in inflation-adjusted terms. The US$100 billion mark that Gates hit briefly in 1999 at the height of the dot-com boom would be worth about US$149 billion in today’s dollars. That makes the Amazon chief executive officer richer than anyone else on earth since at least 1982, when Forbes published its inaugural wealth ranking.

 

The news of Mr. Bezos's wealth came as Amazon prepared for its Prime Day sale on Monday, which was marred in Europe by worker strikes in Germany, Spain and Poland over working conditions.