After being named the world's richest person just over four months ago, Amazon founder Jeff Bezos' has now surpassed USD 100 billion mark in his total net worth.
The new achievement comes on the backdrop of Black Friday sales which got Bezos' fortune swelling. It was observed that Amazon's Black Friday stock price bump pushed him over the 12 figure mark, and reportedly accounted for half of all online sales for the day.
Bezos' fortune is channelised into a number of things, such as USD 250 million on the Washington Post in 2013, a billion dollars a year in stock to fund rocket company Blue Origin and its rockets, and convertion of a billion dollars worth of stock into cash earlier this month, as reported by The Verge.
Earlier this year, Bezos took away the mantle of world's richest person from Microsoft founder Bill Gates and achieved the feat after a 1 percent pop in the shares of Amazon.com, which accounts for the vast majority of his wealth.
The Forbes estimated Bezos' wealth at about USD 90.6 billion, compared to USD 90 billion for Gates.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
