Jeff Bezos Worth Over $100B After Amazon's Black Friday Rally

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Bezos's 78.9 million shares in Amazon are now worth United States dollars 93.6 billion.

It was gathered that Bezos' fortune went up $2.4 billion to $100.3 billion, as the online retailer's shares jumped more than 2 percent on optimism for Black Friday sales.

Founder and largest shareholder of Amazon, Jeff Bezos has not only become the richest person in the world, but also touched the United States dollars 100 billion-mark for the first time, according to a Bloomberg report.

Black Friday bonanza springs Jeff Bezos top of the rich list, his networth crosses USD 100 bn-mark

Bloomberg reported that he is the first to reach the $100 billion milestone since Bill Gates did in 1999.

Bezos grabbed the title of world's richest person in July when he briefly passed Bill Gates.

In fact, the 62 year-old founder of Microsoft would would be worth more than $150 billion (£112.4bn) if he hadn't donated nearly $700 million (£524.91m) Microsoft Corp. shares and $2.9 billion (£2.17bn) of cash and other assets to charity since 1996.

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It is reasonable for Bezos' pocket to increase because the citizens in Uncle Sam's country at least spent about $1.5 billion or equivalent to IDR19.9 trillion on Thanksgiving night for Black Friday transactions. It has been a great year for Bezos, who increased his net worth by $32.6 billion in 2017 (so far). Unlike Gates or Buffet, Bezos has neither pledged his wealth for charity nor has he done too much about it.

Back in August alone, Gates donated 5% of his net worth to charity, making it a lot easier for Bezos to pass him on the "rich as fuck" scale.

Jeff Bezos, the founder of Amazon.com, Inc., has seen his company grow at an exponential rate. This past June he asked Twitter for ideas on how to be a better philanthropist.

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