According to the news, he lost the position to Microsoft's Bill Gates on Thursday, October 24 as a result of a drop in the Amazon's stock.
The billionaire, however, reclaimed his status overnight as his company’s shares recovered and rose significantly on Friday morning, October 25.
According to Bloomberg’s real-time Billionaires Index, Bezos, with a net worth of $110 billion, is the world’s richest while Bill Gates occupies the second spot with a net worth $108 billion.
The battle to top the list of the world's richest appears to be unending as a simple financial/economic event could displace and replace the person presently occupying the seat.
Over the years, several people have occupied the coveted position but in recent times, the seat has been shared by Jeff Bezos, the owner of Amazon, and Bill Gates, Microsoft Corporation’s founder.
We recently published a biography of one the the Nigerian billionaires and CEO of Konga and Zinox computers. You can check it out as we made some amazing revelations about him that you'd love to see.
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