Cyber Week Rally Makes Jeff Bezos a $100-Billion Man

Following a Thanksgiving-induced rally of Amazon’s stock price, the company’s founder and CEO Jeff Bezos is now the only living $100-billion man. According to Bloomberg’s Billionaires Index, Bezos’ net worth amounts to $101 billion after Amazon shares closed at an all-time high of $1,195.83 on Monday.

Bezos’ fortune rose by more than $30 billion in the past year alone, as the company he helped build just keeps on growing. Amazon’s revenue amounted to $117 billion in the first nine months of 2017, up 27 percent from the same period last year. According to some estimates, the Seattle-based online retailer accounted for nearly half of all online sales on Black Friday in the United States, indicating its unchallenged position on top of the e-commerce food chain.

As our chart illustrates, Bezos now leads Bill Gates by more than $10 billion in the global billionaire rankings after having surpassed the Microsoft co-founder turned philanthropist in late July this year.