- Jeff Bezos has lost around $15.7 billion in the present calendar year, while Bill Gates has added as much as $14.2 billion in his net worth.
- Jeff Bezos net worth saw a huge decrement in April this year when it fell to $115 billion from $150 billion in one day.
The billionaire founder of Microsoft Inc., Bill Gates has earlier retained the world’s richest person title for around 20 years and maybe again on the verge of reclaiming it. Last year, the rising share prices of Amazon propelled Jeff Bezos to the top of the ‘World’s rich’ list. Earlier also Jeff Bezos piped Bill Gates in 2017 for a short time and then he surpassed Gates finally in 2018 to become the world’s richest person. Net Worth of all the billionaires is largely calculated from their equity interests, either in the pool of other enterprises or in their own company or a mixture of both.
Bill Gates has control over the net worth of $105 billion, while Jeff Bezos commands a net worth of nearly $109 billion as of August 25, 2019. Jeff Bezos has lost around $15.7 billion in the present calendar year, while Bill Gates has added as much as $14.2 billion in his net worth, according to the Bloomberg Billionaires Index.
In an interview earlier when asked if he was seeking the world’s richest title, Jeff Bezos very subtly replied that he would be rather known as inventor Jeff Bezos or Entrepreneur Jeff Bezos or maybe father Jeff Bezos.
According to the present net worth estimates by Bloomberg, Bill Gates is very close to becoming the World’s richest person again with the difference of $ 4 billion only, given that the net worth of Jeff Bezos either stay around the level of $109 or below it. Jeff Bezos net worth saw a huge decrement in April this year when it fell to $115 billion from $150 billion in one day. As compared to September 2018 when Bezos had a net worth of $168, his value has fallen rapidly since last year.
The net worth constitutes of various assets and reserves held by a person. With equity being a huge part, the net worth keeps fluctuating with the changes in the market prices of the assets held. Mostly, A phenomenal change in the net worth is observed due to change in the quantum of assets held. There are a lot of instances when the promoters and the equity holders sell off a definitive proportion of their stake knowingly. Jeff Bezos himself offloaded Amazon shares worth nearly $3 billion in the present month.