The world’s richest man has changed again. It is reported that Bill Gates has regained the position of the world’s richest man. Bezos lost the throne of the world’s richest man because of his divorce, which led to the disappearance of Amazon’s market value and the loss of wealth. Bill Gates’ wealth is soaring, and this time it is estimated that he will be the richest man in the world for a long time.
Bill Gates used to be the richest man in the world, but in 2017 the title was taken away by Bezos, but it did not last long. After a priceless divorce, Bezos was pulled out of the richest place in just two years, and Bill Gates returned to the top spot. Amazon released its third-quarter 2019 results late Thursday, local time, showing net profit fell 26 percent and revenue fell short of analysts’ expectations, prompting the company’s share price to plummet, leaving its chief executive, Jeff Bezos , losing the title of “the world’s richest man,” according to foreign media reports.
Shares in the largest online retailer fell 8.1 percent to $1637 in after-hours trading on Thursday. At that price, Bezos’ net worth fell $7 billion to $102.8 billion, $5 billion less than Microsoft co-founder Bill Gates and lost the title of “the world’s richest man,” according to the Bloomberg billionaire index
Bezos won the title from Gates in October 2017. Since the millionaire index updates after the close of every trading day in the United States, whether it will change will not be officially known until Friday, local time. Microsoft, the world’s largest company by market capitalisation, has soared 38 percent so far this year, and Gates’1 percent stake has risen sharply, bringing his wealth to $107.5 billion. Gates’ rest of his wealth comes from years of stock sales and investment activities by his family wealth manager Cascade. Gates, 63, said in an interview last month In 2005, he was still an active stock investor, with more than 60 per cent of his portfolio invested in stocks.
Amazon, which was originally an online store, is now at its top and is considered the most valuable company in the world today, valued at nearly $810 billion, while Bezos has become the world’s richest man with a fortune of $136.9 billion. Sadly, the prosperity of career and wealth has not brought more sweetness to the family. For a long time, the two men stopped attending large events together and Bezos was always alone, sources said. Foreign media speculate that Bezos posted a divorce statement on Twitter because he knew the scandal over his marital affair would soon come to light.
After the sad emotional breakdown, is the global attention of the division of property. According to foreign media reports, there is no evidence that there is a prenuptial agreement between Bezos and his wife, which means that the wealth accumulated during the marriage must be distributed equally. If the report is true, Mackenzie can get up to $66 billion from his ex-husband for a breakup fee, setting a record for divorce in the United States. What’s more, after separation, Bezos had to give up the top spot on Forbes’ rich list, and Bill Gates will pick up the leak and become the richest man in the world. At the same time, Mackenzie will be 685 With a fortune of $100 million, she has become the richest woman in the world.
If the 55-year-old did not divorce his ex-wife Mackenzie Bezos (MacKenzieBezos), he would still be number one. The couple announced their divorce in January, and Mackenzie, 49, acquired 1/4 of the couple’s joint stake in Amazon in July. At $1637 a share, Mackenzie’s net worth will fall to $32.9 billion, but she is still the fourth richest woman in the world.
Microsoft’s share price has soared 38 percent this year and its market capitalization has broken through the $1 trillion mark, bringing Gates’ wealth to $107.5 billion. Gates has donated more than $35 billion to the Bill and Melinda Gates Foundation since 1994, and Gates might never have lost his place as the richest man had it not been for charity.
These two kinds of wealth highlight the huge gap between the rich and the poor in the United States. In the United States, the most capitalized people are accumulating wealth as quickly as possible. This is also a worldwide trend. Bernard Arnault, France’s richest man and owner of the LVMH Group, has a wealth of $86.2 billion, or 3 per cent of the French economy. Amancio Ortega, Spain’s richest man, has a net worth of 5 per cent of the country’s gross domestic product.
Gates is more than just having huge wealth. His charisma, donation to charity, is no exaggeration to say that Bill Gates would have been the richest person on the planet had he not devoted his wealth to charity..