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Monday , 27 May 2019
Breaking News

Jeff Bezos is now the Second Richest Person on Earth

Jeff Bezos, the Founder and Head of Amazon is now the second richest person on Earth. His total net wealth is now pegged at USD76.6 Billion. This was made possible since his Amazon Web Services, a cloud computing unit is seeing a boom in its business. Bezos owns close to 17% in Amazon and has famously said that his company is the fastest to reach USD 100 Billion in sales.

Bezos quit his hedge fund job in 1994 and had the novel idea of selling books online. It was started with a very less investment but now the company sells anything and everything under its belt. Bezos has pipped Warren Buffet, CEO of Berkhire Hathway to become the Second Richest Person on Earth yesterday.

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