Jeff Bezos became the world's richest man

Tinuku ~ Founder of Inc., Jeff Bezos, is now the richest man in the world. This technology entrepreneur has overtaken another technology entrepreneur, Bill Gates, to become the world's richest man for US$90.6 billion. The increase in Amazon shares on Thursday means Bezos's wealth value has surpassed Microsoft founder.

Tinuku Jeff Bezos became the world's richest man

The latest Forbes Index noted Bezos owns nearly a fifth of the shares in Amazon whose value has now exceeded US$500 billion and way the owner to becoming "the first 12-digit man".

The owner of the e-commerce giant has in recent years been focused on the Blue Origin space rocket business and the Washington Post. Soaring tech shares have spurred enormous growth for tech entrepreneurs such as Bezos and Mark Zuckberberg with Facebook. Jeff Bezos became the world's richest man

Amazon and Microsoft stocks may fluctuate in the coming days, but analysts predict Bezos will likely get a permanent spot at the top of the list of high-powered people as Amazon's business will continue to grow.

Bezos is getting closer to becoming the world's first trillionaire in the next 25 years, given the exponential growth of its wealth. Previously, Gates stood as the most likely candidate to first reach a milestone, but the growth rate lost quickly from the Amazon.