Amazon CEO Jeff Bezos is now world’s richest

Amazon chief executive Jeff Bezos has become the richest person in the world after making $6.1 billion in just five trading days in 2018 and is now worth $105 billion, according to the Bloomberg Billionaires Index.

Bezos’ net worth reached $105.1 billion on Monday eclipsing the record previously held by Microsoft founder Bill Gates. A 1.4% rise in Amazon’s share price made the New Mexico-born businessman richer by $1.4 billion on Monday, reports said.

The 53-year-old’s net worth grew by around $32.6 billion in 2017 alone, with the majority of it coming from the 78.9 million shares he owns in his company.

Forbes, the other major tracker of the net worth of the world’s richest, put Bezos’ net worth at $104.4 billion.