Jeff Bezos is now the richest person in modern history
When his net worth hit $150 billion on Monday, Amazon CEO Jeff Bezos became the richest person in modern history.
The 54-year-old is already the richest person in the world, with his net worth increasing by $52 billion this year. Taking into account inflation, his $150 billion fortune is more than the $100 billion Microsoft co-founder Bill Gates had in 1999, which would be worth $149 billion today, USA Today reports.
Bezos' staggering amount of wealth puts him well above his peers, including Gates ($93 billion), Berkshire Hathaway CEO Warren Buffet ($83 billion), Facebook CEO Mark Zuckerberg ($83 billion), and Inditex founder Amancio Ortega ($75 billion). Amazon stock closed Monday at $1,822.49, after climbing to a record $1,841.95 earlier in the day.
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Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
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