Bezos set to depose Gates as world's richest person

Jeff Bezos is on track to become the richest person on the planet.

On July 27, Bezos had become the world's richest person for a few hours morning, but the company's shares declined in afternoon trading, putting Bezos back at No. 2 behind gates.

Inc shares surged today, lifting its founder's net worth by US$7.8 billion to US$91.3 billion as of 10am in NY, according to the Bloomberg Billionaires Index.

Bezos is the founder and largest stakeholder in Amazon, and his total new worth is greater than $83 billion, according to the Bloomberg Billionaires Index.

Amazon CEO Jeff Bezos and Google co-founders Larry Page and Sergey Brin added $8.6 billion to their combined wealth late Thursday, thanks to better-than-expected earnings reports from two of the world's three most valuable internet companies. Gates, 61, has been the world's richest person since 2013. Gates's net worth rose by US$5.6 billion, even after he donated US$4.6 billion of Microsoft stock to the Bill & Melinda Gates Foundation in August. The wealth of the world's billionaires increased by an average of 17% past year, at a rate far higher than the general population. He would be worth about $150bn if he hadn't made the donations.

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