The founder of the world's largest e-commerce company made almost United States dollars 2.4 billion on Friday alone.
If you're one of the millions shopping on Amazon on Black Friday, congratulations: You helped make Jeff Bezos a $100 billion man. Bill Gates was the first to achieve a 12-figure net worth back in 1999. Gates was the world's richest person prior to Bezos' climb and is now worth nearly $90 billion.
UCLA fires Jim Mora after six seasons as Chip Kelly rumors surface
The school announced that Mora's contract will be "honored by UCLA Athletics, exclusively using department-generated funds". UCLA coach Jim Mora looks on as his Bruin team is defeated by USC on November 18, 2017 at the Coliseum.
In a stark reminder of wealth inequality in the United States, it emerged this month that the combined fortunes of Warren Buffett, Bill Gates and Jeff Bezos (roughly $248.5 billion) exceeds the net worth of 160 million Americans, or 53 million USA households. Bezos has once again knocked Bill Gates off the top spot. The stock got a lift from reports that online shopping on Thanksgiving and Black Friday jumped 18% compared with a year ago. Berkshire Hathaway investor Warren Buffett holds the No. 3 slot on the list. As Bloomberg points out, Gates, who now has a net worth of $86.8 billion, would be worth more than $150 billion if he hadn't given $700 million in Microsoft shares and $2.9 billion in cash to charity. Unlike Gates, Bezos has given very little of his fortune to charity so far.
The world's richest man and e-commerce mogul directly owns about 78.9 million shares of Amazon. This past June he asked Twitter for ideas on how to be a better philanthropist.
He wrote: "I'm thinking I want much of my philanthropic activity to be helping people in the here and now - short term - at the intersection of urgent need and lasting impact".