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Bill Gates Is Once Again the Richest Person in the World: Surpasses Amazon CEO Jeff Bezos

Bill Gates is now the world’s richest Person-Microsoft co-founder Bill Gates is currently worth $105.7 billion.Amazon shares fell 7 per cent in after-hours trading on Thursday, leaving Bezos down to $103.9 billion.Amazon reported a 26 per cent drop in net income in its third quarter, its first profit decline since 2017.

Bill Gates Is Once Again the Richest Person in the World
Microsoft Co-Founder "Bill Gates" overtook Amazon.com Inc.’s Jeff Bezos as the World’s Richest Person on Friday, reclaiming the top ranking for the first time in more than two years.

Who is the Richest Man in the World 2019?

As per the Bloomberg Billionaire Index, today there’s only a small margin in between their current net worth which determined by stock prices on closing each day but  Bill Gates has reclaimed his place as the "World's Richest Man" after almost two years. Yeah, the richest man title was held by Gates for 24 years before Jeff Bezos overtook him earlier last year. 
Also, the company’s cloud division AWS (Amazon Web Services) lost an important $10 billion Pentagon project to Microsoft. This led Redmond’s share prices to climb quickly while Amazon’s share price tanked, depleting close to $7 billion of Bezos’ net worth.


Net Worth of Bill Gates?

Bill Gates Gates has surpassed Amazon co-founder and CEO Jeff Bezos, with a total net worth of around $110 billion


What made Bill Gates a Successful Entrepreneur?

  1. This Year, Bill Gates may have been helped in part by the "Pentagons" surprise decision announced on Oct. 25 to award a $10 billion cloud-computing contract to Microsoft over Amazon.
  2. This Year Microsoft Shares have since climbed 4 percent, giving Gates a $110 billion fortune.
  3. Microsoft has climbed 48% this year, raising the value of Bill Gates 1% stake. The rest of his wealth is derived from share sales and investments made over the years by his family office, Cascade.
  4. Also, the droppings of Bezos shares due to the divorce with his wife MacKenzie, The pair announced their split in January, receiving a quarter of their Amazon holdings in July. Her net worth dipped to $35 billion on Friday which makes the increases in Bill Gates Net Worth.
  5. Also Bill Gates, recently shared his most affluent thoughts on the wealth tax that's been proposed by some Republican Presidential candidates, including Elizabeth Warren, were paid more than $10 billion in taxes. This all makes Bill Gates rise in his shares.





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TECHAPIS- All Tech News Blog: Bill Gates Is Once Again the Richest Person in the World: Surpasses Amazon CEO Jeff Bezos
Bill Gates Is Once Again the Richest Person in the World: Surpasses Amazon CEO Jeff Bezos
Bill Gates is now the world’s richest Person-Microsoft co-founder Bill Gates is currently worth $105.7 billion.Amazon shares fell 7 per cent in after-hours trading on Thursday, leaving Bezos down to $103.9 billion.Amazon reported a 26 per cent drop in net income in its third quarter, its first profit decline since 2017.
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