Richer than Bill Gates, Amazon Mogul Jeff Bezos saw his fortune hitting the 12-figure mark.

That’s it. He made it and he is the richest man in the world. Jeff Bezos is now worth 100  Billions dollars. Thanks to yesterday’s Black Friday which saw a sudden surge in Amazon stock, turns the runner up and fonder of Amazon Jeff Bezos into the richest man in the planet, outranking Bill Gates, who is now $ 10 billion poorer.

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For those who were living under the rock, Jeff Bezos is the founder of the Amazon conglomerate all the way back in 1994. He started selling books. And surfing on the success of the dot-net bubbles, he became billionaire and was named the Person of the Year in 1999 by Times Magazine. Amazon turned into profitable company as it began to sell everything, from books to gardening tools.  10 years ago, Amazon entered the area of the e-books, starting to the sell the super successful Kindle e-readers.  Amazon bought many companies and brought them into the umbrella, including Audible, the leading DRM protected audiobooks distribution over the internet.

And the Black Friday came and went, and your online shopping on Amazon has made Jeff the richest man in the world.

Let’s see what Cyber Monday has to offer!

Sofiane MEROUANI

Amazon’s Founder Jeff Bezos to outrank Bill Gates as the World’s richest man

I sell books.” versus “I sell whatever the fuck I want.”

He finally made it to the top, Jeff Bezos, the founder of Amazon.com is now on the way to outrank Bill Gates, Microsoft’s founder as the World’s richest man.

With a net worth of $ 90 billion, Jeff Bezos made his fortune and entered the private club of the World richest billionaires thanks to the Amazon’ stock option.  Right now, Bezos owns 17 % of share. Amazon is valued at $ 500 billion

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Shares of the online retailer rose 1.8 percent to $1,071.31 as of 9:30 a.m. in New York, giving Bezos, who owns about 17 percent of the e-commerce giant, a net worth of more than $90 billion, surpassing Gates’ $89 billion.

Gates, 61, has held the top spot since May 2013, according to the Bloomberg Billionaires index. But Bezos is set out to outrank him in the upcoming months with stock analyst James Cakmak predicting that Amazon shares could double to $2,000 if its recent acquisition of Whole Foods is approved by regulators.

That would make Amazon “the first trillion-dollar company,” Cakmak told CNBC Thursday. Indeed, Amazon’s market capitalization surpassed the $500 billion mark for the first time Wednesday, putting it in fourth place behind No. 1-ranked Apple, No. 2-ranked Google and No. 3-ranked Microsoft.

Bezos, who started Amazon 22 years ago selling books out of a garage, currently owns about 80 million shares of the company.

Amazon is slated to report its second-quarter earnings after the bell Thursday, and better-than-expected results could solidify Bezos’ top spot among the world’s billionaires.

Unlike Gates, Bezos hasn’t been big on philanthropy despite his riches, instead spending much of his personal wealth and free time on his space exploration company, Blue Origin.

Sofiane MEROUANI