Consequently, Now Jeff Bezos, the CEO and founder of the online giant Amazon is the world’s richest person according to the Fortune magazine’s list of billionaires. The latest data reveals that his net worth is now around $142 Billions and the best thing is that Bezos have passed behind the second most rich billionaire Bill Gates by $50 bn.
The graph of Amazon’s accent in the list of billionaires has always been stiff. The company first included on the Forbes list of 500 richest companies in just 2002. Astonishingly, the company has taken only 16 years to beat the well-established companies which were enjoying their status since decades and moved from the rank 492 to number 1. As a result, the value of the share stocks of Amazon is soaring high at the moment. The stocks which were valued $1000 each last year are getting sold at the rates higher than $1700 now.
In conclusion, since the inception of the company in 1994, Amazon never looked back in the course of its journey to get on the top. Engineer Jeff Bezos took a chance in his corporate career by quitting his job and setting up an online bookselling company Amazon. At that time, no one believed that Bezos could get such a huge success in this business. Bezos proved everyone wrong, and according to him, he opted for this online retailing business on noticing an increase of the rate of online consumers by 2300 percent every year.