Jeff Bezos.

Amazon CEO to be world’s richest man

June 19, 2018

Amazon founder and CEO Jeff Bezos have become the richest man in the world with a net wealth of USD 141.9 billion, the Forbes World’s Billionaires list showed on Monday…reports Asian Lite News.

Jeff Bezos.

Bezos’ wealth has grown more than USD 5 billion since June 1 to beat Bill Gates, the principal founder of Microsoft Corporation, who is the second-richest man in the world with USD 92.9 billion.

Warren Buffet, one of the most successful investors in the world, trailed in the third place with a total of a wealth of USD 82.2 billion, reported Xinhua news agency.

Bezos officially became the richest person in the world earlier this year, and his business behemoth of online retailing, Amazon, grew into the second most valuable company in the world after Apple.

Fortune’s last list release showed that Amazon ranked eighth on the 2018 list of America’s largest companies, with revenues of USD 177.87 billion

Previous Story

Girls top AIIMS entrance results

Next Story

Congress calls Delhi situation unfortunate

Latest from BUSINESS

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from

Gold Shines Bright Amid Global Jitters

Gold and silver continued their bullish run on Monday, scaling new highs amid mounting global uncertainties, heightened geopolitical tensions, and growing expectations