Amazon CEO Jeff Bezos is world's richest person

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Jeff Bezos' net worth has reached US$105.1 billion (NZ$147 billion), pushing the Amazon.com founder's fortune above the high reached by Microsoft's Bill Gates in 1999.

Amazon's share price, and therefore Bezos' net worth, has jumped significantly since September.

Jeff Bezos now richer than Bill Gates ever was; becomes richest person in history
Amazon CEO Jeff Bezos is world's richest person

Amazon has delivered a big prize to its CEO Jeff Bezos, who is now the richest person on Earth.

He and Bill Gates traded the title of world's richest person several times previous year. Shares of Amazon climbed 1.4% Monday, adding about $1.4 billion to his net worth. Had he held on to that money, his net worth today would be well over $150 billion.

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Most of Bezos' fortune consists of the 78.9 million shares of Amazon stock he owns although the entrepreneur is also invested in other companies including The Washington Post and Blue Origin, the private spaceflight service that aims to take tourists to space. He passed the $100-billion mark in November, and continued to rise after a record-setting holiday season. He moved back ahead of Gates in October.

Bezos' fortune, according to the Bloomberg Billionaires Index, grew as Amazon.com shares added to a 12-month surge that's lifted the online shopping giant's market value by nearly 57 per cent. If adjusted for inflation, that cumulative total would now be over $144 billion in 2018.

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