Woo.
“Amazon CEO Jeff Bezos briefly became the world’s richest man in Forbes magazine’s tracking of wealth, as stock in his e-commerce company hit an all-time high.
“But overnight, Microsoft founder Bill Gates reclaimed the lead, as Amazon’s stock fell nearly 1 per cent for the day to $US1,046.
“Amazon shares have been trading at a record high.
“They hit $US1,083.31 at about noon on Thursday (local time). According to securities filings, Mr Bezos owns about 80 million shares, or 17 per cent. Those shares were valued at more than $US87 billion at the peak.
“Mr Bezos also owns The Washington Post through a holding company.
“Forbes said Mr Bezos’ net worth was about $US90.6 billion when the market opened on Thursday. Mr Gates had $US90.1 billion.”
Read more at ABC
