Jeff Bezos Crowned “World’s Richest Person” In Forbes 2018’s Billionaires List

Forbes 2018 Billionaire's List
Credit: Forbes

Yesterday, Forbes magazine refreshed their world’s billionaire’s list for the year 2018 . As expected, Amazon’s CEO Jeff Bezos is the world’s richest man after pushing the “default” richest man to the second position.

Bezos already outperformed Bill Gates in terms of money by a considerable margin. But, it was according to the Forbes’ real-time Billionaire’s list where positions change as the individual worth of the rich people goes up and down. Gates’ net worth in Forbes’ 2018 billionaire’s list is valued at $90 Billion.

The list continues to include Warren Buffet, Bernard Arnault & family, Mark Zuckerberg, Amancio Ortega, etc.

The new billionaire’s list is longer lasting than the real-time list. The name of Amazon’s boss will remain on top, at least, for a year, or until some cryptocurrency billionaire magically pops out of nowhere . In addition to the victory, Bezos also holds the title of the first man to cross $100 Billion net worth .

The idea of creating Amazon which would later become the world’s go-to e-commerce company sprouted when Bezos was driving back to Seattle. Currently, he owns 16% of Amazon’s business. Other than selling products online, big contributions are made to Amazon’s growing size by their cloud computing venture Amazon Web Services (AWS). Further factors are their hardware lineup including Alexa-powered Echo, and Fire-branded devices.

But the tech mogul also has the dream of traveling in the space that’s why he founded the SpaceX-style company called Blue Origin to develop reusable rockets that will carry passengers. Bezos’s shopping bag includes The Washington Post as well, which was bought for $250 million in 2013.

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