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Bill Gates Reclaims Status As Richest Man In The World

16 Nov 2019 Wadsam Afghanistan Business News

Co-founder of the Microsoft and the Bill and Melinda Gates Foundation officially reclaimed his status as the world’s richest man with a net worth of  $110 billion.

His rival, Jeff Bezos of Amazon with a net worth of just lest than $109 million, was bumped down to the second spot.

This comes after Pentagon awarded a $10 billion cloud-computing contract to Microsoft over Amazon. Since then, shares of Microsoft have climbed 4% while Amazon dipped about 2%, according to Forbes.

Bezo’s fortune was also impacted after his divorce from his wife, which left the wift with a 4% stake in the online shopping giant worth more than $38 billion.

According to the billionaire index, Gates could also be worth significantly more but has donated more than $35 billion since 1994 through the Bill & Melinda Gates foundation.

Original Link: https://wadsam.com/featured-articles/bill-gates-reclaims-status-as-richest-man-in-the-world/

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