Bill Gates Not World's Richest anymore

Thu Jan 11 2018 16:41:49 GMT+0530 (IST)

Microsoft co-founder Bill Gates has mostly topped the list of World's richest since the 90s. He was the youngest billionaire in the World in 1987 when he aged 31. In 1995, He emerged as World's Richest with a net worth of $12.9 billion at the age of 39. Since then, Gates continued to dominate for decades.

Finally, Amazon founder Jeff Bezos is able to surpass the fortune of Bill Gates. He now have a net worth of $105.1 billion because of the rise in share value in the past few months.

It was in October last year, Jeff Bezos has beaten Gates for the first time with $93.8 billion fortune. Whereas, Gates could manage only $91.9 billion.

After stepping down as Microsoft CEO, Bill Gates launched Bill & Melinda Gates Foundation. He donated $2.9 billion in cash and 700 million Microsoft shares for charity.