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Bill Gates Tops Jeff Bezos As Richest Person In The World

Bill Gates Tops Jeff Bezos As Richest Person In The World
Microsoft Corp. co-founder Bill Gates has overtaken Amazon.com Inc.’s Jeff Bezos as the world’s richest person with a net worth of $110 billion.
Gates was reportedly helped in part by the Pentagon's sudden decision to award the Joint Enterprise Defense Infrastructure Cloud, or JEDI which worth $10 billion to Microsoft over Amazon.

Microsoft shares have since climbed 4%, giving Gates a $110 billion fortune, according to the Bloomberg Billionaires Index. Bezos’s net worth has however gone down by about 2% putting him in a net worth of $108.7 billion.

Bill Gates, 64 will be topping Bezos, 55, for the first time in 2 years. Amazon.com Inc. last month, posted its first profit drop in two years, with its shares paring the decline.

See Next: Photos as United States billionaire and philanthropist Bill Gates on Tuesday unveils a futuristic toilet that doesn't need water or sewers.
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