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Bezos briefly overtakes Bill Gates as world's richest individual



The Founder of Amazon, Jeff Bezos, briefly overtook Microsoft's Bill Gates to become the world's richest person. This was occasioned by a 40%  jump in his share price.

Bezos leapfrogged Gates, who has been the richest man on the planet since 2013, after a rise in the share price of Amazon ahead of its latest results due later on Thursday.

According to the Forbes' index, the rise pushed the value of Bezos's fortune to $91bn, compared with Gates' wealth of $90bn.

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On the homefront, the President of Dangote Group, Alhaji Aliko Dangote saw his net worth increase by $162m to $16.2bn on Thursday, as the net worth of the Chairman of Globacom, Dr. Mike Adenuga, also rose by $7m to $6.2bn.

The net worth of the Founder and Executive Chairman, Famfa Oil Limited, Mrs. Folorunsho Alakija, was unchanged at $1.6bn.

Latest reports however indicate the Amazon share price has fallen back leaving Gates on top, but with less than $1bn separating the two men.With this development, Gates has now regained the top spot as the world's richest man.

Source: Naija News

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