Amazon CEO Jeff Bezos now worth $100 bn

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

Bezos' estimated net worth jumped $2.4 billion after Amazon shares soared by 2 percent on the back of extraordinary Black Friday sales, which were up 18.4 percent on a year ago, Bloomberg reports. The Amazon founder is the newest member of the $100 billion club after increasing his fortune by $2.4 billion to $100.3 billion. According to data from Adobe Analytics, online purchases on Black Friday collectively jumped 18.4 percent year-over-year.

Gates is believed to be the only other person to reach $100 billion.

Fifty-three-year-old Bezos still tops the world rich list but becomes only the second person in history to surpass the $100 billion mark after Microsoft founder Bill Gates hit 12 figures in July 1999.

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His post to his followers of more than 220,000 quickly turned up more than 22,000 likes and nearly 50,000 comments with suggestions as to how Mr Bezos could make a difference. Same goes for Warren Buffet, the U.S. investor who is the third richest person with $78.9 billion.

At the start 2017, Bezos was the fourth richest person in the world and surpassed both Inditex founder Amancio Ortega and Berkshire Hathaway's Warren Buffet this year as well. However, given the rate his net worth has increased over the past few years, it won't be long before he finds more firm ground beyond the almost inconceivable 12-figure value.

His current wealth is estimated at $86.8bn, but analysts say he would be worth $150bn had he not given away some 700 million in shares in Microsoft and $2.9bn to charity after re-inventing himself as a philanthropist. "I'm thinking I want much of my philanthropic activity to be helping people in the here and now-short term-at the intersection of urgent need and lasting impact", he wrote in June.

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