Irresistible Bezos: Amazon founder’s fortunes approached $ 105 billion

SANTA MONICA, CA - SEPTEMBER 6: Amazon CEO Jeff Bezos unveils new Kindle reading devices at a press conference on September 6, 2012 in Santa Monica, California. Amazon unveiled the Kindle Paperwhite and the Kindle Fire HD in 7 and 8.9-inch sizes. (Photo by David McNew/Getty Images)
Bezos’ main rival in the Forbes rating – Bill Gates – spends huge sums on charity, while Bezos prefers to invest in his own space company.

The founder of Amazon, Jeff Bezos, whose fortune exceeded $ 100 billion at the end of last year, is making a new record – his fortune increased by $ 1.4 billion on January 9 and approached $ 105 billion for the first time. According to Forbes Real Time, now it is estimated at $ 104 , 4 billion.

The basis of the businessman’s condition is the shares of the world’s largest Internet retailer, which on January 9 reached a historic high and traded at $ 1246 per share.

This result is natural – Amazon securities are growing steadily, only in 2017 their value increased by 50%, from 800 to 1200 per share.

This allowed Bezos to bypass the creator of Microsoft Bill Gates and Warren Buffett’s “oracle of Omaha” in the ranking of the world’s richest people.

Prospects for Bezos in the new year are also welcome: according to the forecast of Morgan Stanley, in 2018, Amazon shares will trade at $ 2000 per share.

This means that the market capitalization of the Internet giant will exceed $ 1 trillion with an annual sales volume of more than $ 175 billion.