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Amazon CEO tops richest people list, unseating Bill Gates

Amazon CEO tops richest people list, unseating Bill Gates

Posted March. 08, 2018 08:09,   

Updated March. 08, 2018 08:09

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Jeff Bezos, who founded online shopping portal Amazon in 1994, tops Forbes’ richest people list for the first time.

His net worth stands at 112 billion dollars (some 119.74 trillion won), unseating Microsoft co-founder Bill Gates, who had been No. 1 for four consecutive years, as No. 2. The 54-year-old American technology entrepreneur has become the first person to amass 100 billion dollars in wealth since Forbes began compiling the list in 1987.

The Amazon CEO's net worth rose 39 billion dollars (some 41.69 trillion won) as the company's shares, of which he owns 16 percent, soared last year. Forbes said that this was the largest increase of annual net worth since the list was compiled.


Taek Kyoon Sohn sohn@donga.com