Jeff Bezos Net Worth 2017: Amazon CEO Is Worth $100 Billion
Jeff Bezos
Jeff Bezos   the founder and principal shareholder of Amazon  has become the first person in the 21st century with a net worth over $100 billion thanks to a Black Friday boost to Amazonâs stocks.
Bezosâ wealth reached $100.3 billion on Black Friday  according to Bloomberg. The $2.4 billion increase from  Bezos â previous mark of $97.9 billion makes  Bezos  the second to reach the $100 billion milestone since Bill Gates in 1999.
 Bezos  briefly overtook Gates in October to become the worldâs richest man after a spectacular year that saw  his  net worth climb from around $60 billion to over $100 billion  according to Bloombergâs Billionaires Index.
 Bezos   whose mother gave birth to  him  when she was a teenager  came from a tough background to found Amazon in 1994.  The company  started life as a bookseller but quickly grew to become what  Bezos  affectionately calls âthe everything store â surviving the burst of the dot-com bubble and expanding across the globe.
In June  Amazon announced it bought Whole Foods for $13.7 billion.  The company  plans to use the acquisition to expand Amazon into groceries  one of the last lucrative area of retail it has yet to fully conquer.
 Bezos  is also seeing promising advancements in  his  dream to fund humanityâs first outpost on Mars.  His  space company  Blue Origin  last year launched its first reusable rocket.  Bezos  has said in the past that humanityâs future is not on Earth.
On Nov. 6   Bezos  sold one million shares in Amazon with its stock at a record high  netting  himself  a cool $1.1 billion in cash.  He  maintains a 16.4% stake in the online shopping giant  according to Bloomberg.
New statistics released this month by the Institute for Policy Studies revealed Americaâs three richest men â  Bezos   Microsoft founder Bill Gates and investment magnate Warren Buffett â have the same amount of wealth as the poorest 160 million people in the U.S.
[TGT]    the founder and principal shareholder of Amazon  has become the first person in the 21st century with a net worth over $100 billion thanks to a Black Friday boost to Amazonâs stocks.
Bezosâ wealth reached $100.3 billion on Black Friday  according to Bloomberg. The $2.4 billion increase from  Bezos â previous mark of $97.9 billion makes  Bezos  the second to reach the $100 billion milestone since Bill Gates in 1999.
 Bezos  briefly overtook Gates in October to become the worldâs richest man after a spectacular year that saw  his  net worth climb from around $60 billion to over $100 billion  according to Bloombergâs Billionaires Index.
 Bezos   whose mother gave birth to  him  when she was a teenager  came from a tough background to found Amazon in 1994.  The company  started life as a bookseller but quickly grew to become what  Bezos  affectionately calls âthe everything store â surviving the burst of the dot-com bubble and expanding across the globe.
In June  Amazon announced it bought Whole Foods for $13.7 billion.  The company  plans to use the acquisition to expand Amazon into groceries  one of the last lucrative area of retail it has yet to fully conquer.
 Bezos  is also seeing promising advancements in  his  dream to fund humanityâs first outpost on Mars.  His  space company  Blue Origin  last year launched its first reusable rocket.  Bezos  has said in the past that humanityâs future is not on Earth.
On Nov. 6   Bezos  sold one million shares in Amazon with its stock at a record high  netting  himself  a cool $1.1 billion in cash.  He  maintains a 16.4% stake in the online shopping giant  according to Bloomberg.
New statistics released this month by the Institute for Policy Studies revealed Americaâs three richest men â  Bezos   Microsoft founder Bill Gates and investment magnate Warren Buffett â have the same amount of wealth as the poorest 160 million people in the U.S.