Amazon founder Jeff Bezos has set a new record by adding an extra $13 billion (£10 billion) to his fortune in 2016, taking his personal wealth to an unprecedented $189 billion. He is already by far the richest person in the world, and is currently worth $116.1 billion. The founder and CEO of Amazon is the second richest man in the United States after Bill Gates, who is worth around $112 billion himself, according to Forbes. I sold a billion dollars of this year's Amazon stock to the financial industry, "Jeff Bezos said in an interview with The New York Times.
Bezos is now the fifth richest person in the world, behind only Bill Gates, Warren Buffett, Larry Ellison, George Soros and Bill Clinton.
Wealth worldwide has risen from less than $1 trillion
Billionaires "wealth worldwide has risen from less than $1 trillion in 2000 to more than $7 trillion in 2015. According to the Bloomberg Billionaires Index, this wealth is worth more than twice that of Bill Gates, Warren Buffett, Larry Ellison, George Soros, and Bill Clinton. The list of billionaires in the world is ranked by wealth, not by number of billionaires.
Zuckerberg's 13% stake in Facebook means he has been added to the exclusive club of millionaires, according to Bloomberg Billionaires Index. Bezos, who founded Amazon in his garage in 1994, is still owned by his father Jeff Bezos Jr., his mother Martha and his brother Mark.
A boom in Amazon's share price boosted his fortune to $4.6 billion and he is now the 13th richest person in the world. He also saw his wife MacKenzie Bezos receive 19.7 million shares of a total of 4% of Amazon stock in a divorce settlement last year. Bezos was the world's richest person before he gave up his stake in the company, which was worth $1.4 billion at the time of the settlement, but now he has received $2.3 billion in shares, or $7.5 billion.
What does Bezos stand for?
At 55, Bezos has never dominated a major market as thoroughly as his predecessors, but at 55, he has had the same success as Gates, making him the world's richest man. Jeff Bezos' fortune can be calculated by multiplying the value of his Amazon shares by their current share price. By any other standard, many of these investments in Amazon would make him a very rich man, and that's probably what makes him so much more. Bezos may be the world's richest man right now, but he doesn't have the wealth that Gates does, and he's not the man - or the rich - of the world. Given his wealth and the fact that Amazon plays an increasingly influential role in public life, it is worth asking: what does he stand for?