Amazon's Bezos sees wealth top $100bn amid Black Friday boost

Amazon's Jeff Bezos is worth over $100 billion amid Black Friday frenzy: Report

In fact, the 62 year-old founder of Microsoft would would be worth more than $150 billion (£112.4bn) if he hadn't donated nearly $700 million (£524.91m) Microsoft Corp. shares and $2.9 billion (£2.17bn) of cash and other assets to charity since 1996.

Jeff Bezos accumulated a whopping $33 billion to his net worth in 2017.

The online retailer's shares jumped more than two percent in anticipation of the extra income from the sales, causing 53-year-old entrepreneurs own fortune to go up by $2.4 billion (£1.8bn) to $100.3 billion (£75.2 bn), further securing his title of world's richest man. However, given the rate his net worth has increased over the past few years, it won't be long before he finds more firm ground beyond the almost inconceivable 12-figure value.

According to Bloomberg, this year itself, worth of Bezos rose by around $34 billion. Amazon shares hit a record on Black Friday - one of the year's busiest shopping days - joining a broader stock market rally.

Amazon Black Friday Sale on Nintendo Switch Joy-Con Battery Pack
But that doesn't mean we can turn round and laugh at it, seeing as how retailers insist that Black Friday is all about the sales. But stock is selling out fast, especially at John Lewis, where all but two Nintendo Switch gaming offers are still available.

It climbed after reports showed online shopping for Thanksgiving and Black Friday jumping 18% over previous year.

In addition to the Amazon, this bald-headed man also has about $3 billion worth of shares in the rocket company, Blue Origin.

Bezos is the first person to pass the $100bn mark since Microsoft co-founder Bill Gates in 1999, according to Bloomberg. However, he lost competition on the same day.

At the start 2017, Bezos was the fourth richest person in the world and surpassed both Inditex founder Amancio Ortega and Berkshire Hathaway's Warren Buffet this year as well. He becomes the first person to reach that amount of wealth since Gates in 1999.

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