Amazon CEO Now the Richest in History

Amazon CEO Now the Richest in History

Over the past few years, we have seen Amazon's Founder Jeff Bezos has been in the news feed quite frequently.

Olson added that he expects Amazon sales to increase 28 percent in 2018 compared to a year ago.

Bezos's top spot on the billionaire list makes sense, given Amazon's sales figures and growth - Amazon captured 89 percent of the online shopping spend in the United States over the five-week Thanksgiving holiday period, according to an analysis from Earnest Research.

Bill Gates now still sits on the No. 2 post on both of the fortune lists with roughly $92 billion.

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Mr Gates, 62, would have a net worth of more than US$150 billion if he'd held onto assets that he's given away, largely to the Bill & Melinda Gates Foundation. Gates has given away 700 million shares of Microsoft, which are worth more than $60 billion along with nearly $3 billion in cash. While Amazon is where the bulk of his fortune comes from, he has also diversified into other fields.

Three U.S. tycoons from the 19th and 20th centuries would beat the Amazon CEO for the richest American man of all time: Andrew Carnegie, John D Rockefeller and Henry Ford.

We've got bad news if you've ever wondered how Jeff Bezos' net worth compares to yours: He makes more than you - a lot more.

Bezos earned the title of world's richest person back in July, when he briefly passed Bill Gates, but lost the spot soon after. Putin's net worth may never be known since his wealth is kept private.

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