Updated:âš¡17 Jul 2018, 08:57AM
💲Jeff Bezos is the richest person in modern history. The Amazon.com Inc. founder’s net worth broke $150 billion in New York on Monday morning, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person...👦
💸Gates in the late '90s was also richer than Bezos is now, in inflation-adjusted terms. His net worth was briefly above $100 billion in April 1999 when the internet stock bubble helped to inflate the value of his holdings, according to Forbes. Adjusted for inflation, $100 billion in 1999 would be worth $148 billion today...💰
💱Amazon founder Jeff Bezos is now the richest person in recent historyBusiness
Amazon founder Jeff Bezos is now the richest person in recent history
His workers, however, are another story.
Jon Fingas Jon Fingas, 2h ago
Jeff Bezos has been one of the world's wealthiest people for a while, but he's now set a new record: he's the wealthiest person in recent history. The Amazon founder's net worth has topped $151 billion according to Bloomberg's Billionaires Index, making him not only the world's richest person as of this writing (former frontrunner Bill Gates is worth $95.3 billion), but the richest in modern times. If you adjust for inflation, Gates would have been worth $149 billion for a brief period in 1999...👷
💰Bezos accomplished the feat largely through Amazon's success, as you might guess, and there was uncanny timing as he reached the milestone right on a (somewhat glitchy) Prime Day. However, the chief executive is also known for investing in a myriad of businesses. His control of the Washington Post is well-known, but his Bezos Expeditions venture fund has also poured money into companies ranging from tech mainstays like Airbnb, Google and Twitter through to more diverse firms like Juno Therapeutics...👦
🎉The achievement isn't exactly cause for celebration under some of those under Bezos' wing. Amazon warehouse workers across Europe are on strike over both low pay and poor working conditions, and those concerns are far from new. The National Council for Occupational Safety and Health recently determined that Amazon was one of the most dangerous places to work in the US, pointing to the deaths of seven warehouse workers as well as high injury rates and overwork. Amazon has previously claimed that it has "highly competitive pay" and that it's improving its safety practices, but critics haven't bought those arguments.🔄
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The answer to the previous post is: 17
