The $100 billion milestone makes Jeff Bezos the first billionaire to build a 12-figure net worth since 1999, when Microsoft co-founder Bill Gates hit the mark. Photo:New York: Jeff Bezos is the world’s newest $100 billion mogul. The Amazon.com Inc. founder’s net worth is up $2.4 billion to $100.3 billion, as the online retailer’s shares jumped more than 2% on optimism for Black Friday sales. The $100 billion milestone makes Bezos, 53, the first billionaire to build a 12-figure net worth since 1999, when Microsoft Corp. co-founder Bill Gates hit the mark. Unlike Gates, who was the world’s richest person until Bezos passed him in October, or US investor Warren Buffett, the world’s third-richest person with $78.9 billion, Bezos has given relatively little of his fortune to charity.

Source: Mint November 24, 2017 18:50 UTC