The richest particular person on the planet, Amazon CEO Jeff Bezos, added extra money to his fortune in 2018 than another billionaire (AMZN, MSFT, FB)

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Jeff Bezos

  • Jeff Bezos, the CEO of Amazon, was the one particular person on the planet in 2018 to amass a web value that topped $100 billion.
  • In accordance with Bloomberg’s Billionaires Index, Bezos has a web value of $123 billion, which is $24 billion greater than his reported wealth on the finish of 2017.
  • Bezos is the founding father of Amazon and aerospace firm Blue Origin, in addition to the proprietor of the Washington Put up.

In a 12 months when the largest names in tech had been embroiled in scandal, there’s no less than one government who managed to get out of 2018 unscathed — Amazon CEO Jeff Bezos, who noticed his web value improve by greater than any his billionaire friends.

Jeff Bezos already claimed the title because the world’s richest particular person firstly of the 12 months, and unseated Microsoft founder Invoice Gates from his 24-year streak on the high of Forbes’ rankings of richest Individuals. Now the Amazon CEO can say he elevated his wealth in 2018 — by $24 billion, to be actual — by greater than any of the richest 500 in Bloomberg’s Billionaires Index.

Bezos finishes off the 12 months with a web value of $123 billion, the one particular person on the record to have a 12-digit web value. But this is not even Bezos’ peak web value: over the summer season, he surpassed a web value of $150 billion to develop into the richest man ever in trendy historical past.

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To place that in perspective, Bezos makes virtually $four.5 million in only a single hour. With that wealth, spending $88,000 to him is just like a median American spending $1, Enterprise Insider calculated. Bezos hasn’t proven any indicators of slowing down, if Amazon’s speedy enlargement in 2018 into cloud computing, prescribed drugs, and different industries is any indication.

Learn extra: We did the mathematics to calculate precisely how a lot cash billionaires and celebrities like Jeff Bezos and Kylie Jenner make an hour

However whereas Bezos noticed his value rise, different billionaires did not see the identical success. Following Fb’s 12 months of information leaks and an increase in public mistrust of the corporate, CEO Mark Zuckerberg misplaced extra money than anybody else on Bloomberg’s billionaire rankings. Zuckerberg’s web value took an virtually $20 billion hit this 12 months, and is now pegged at a cool $52.9 billion.

Rounding out the highest 5 billionaires, based on Bloomberg’s rankings, are Microsoft founder Invoice Gates ($90 billion), investor Warren Buffet ($82.9 billion), LVMH’s CEO Bernard Arnault ($67.three billion), and Spanish style government Amancio Ortega ($58.7 billion).

SEE ALSO: These are the 7 essential tech tales to observe carefully in 2019, based on Enterprise Insider’s reporters and editors

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