Jeff Bezos Is Now the World's Richest Person

Neal Hamberg  Bloomberg | Getty Images

While Jeff Bezos has added $28.5 billion to his coffers in the year 2017 alone and he is planning a bid to take over Whole Foods Market Inc. With the commercial windfall due to the festive season, Amazon's share value rocketed by 13% and consequently, the largest stakeholder in the company, Bezos, saw a 12.4% increase in his wealth.

Jeff Bezos is on track to become the world's richest person.

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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.

At the end of trading on Thursday, Gates occupied the top spot in the Bloomberg Billionaires Index, with a net worth of $88 billion. If the share gains hold through today's close, Bezos will top the index for the first time.

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That's what happened to him on July 27th, when the 52-year-old briefly surpassed Gates to be the world's richest person, only to lose the crown later in the day. Just yesterday, he was the richest of the world's rich men.

But Gates also got a boost as Microsoft (MSFT, Tech30) stock rose 7 percent. He made more than $10 billion from the one-day stock surge and is now worth well over $90 billion. Microsoft stock climbed about $6 a share, so Gates added nearly $600 million to his personal wealth.

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