Amazon’s CEO is the new richest man in world

Amazon CEO Jeff Bezos dethrones Bill Gates from the world richest man’s seat. Bezos became the richest person in the world for the first time with a $90.6 billion net worth when markets opened on Thursday. But while Amazon stock climbed 1.3%, it then dropped down to $1,046 by the time markets closed, getting Bezos out of the top spot. He ended the day with an $88.7 billion fortune.

Gates is once again the richest person in the world with an estimated $89.8 billion fortune, down $240 million from yesterday.