The Daily News Egypt

Jeff Bezos’ Net Worth Jumps $10 billion To Make Him The World’s Richest Person

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Jeff Bezos, founder and CEO of Amazon, has become the richest person in the world after Amazon’s share prices soared 13.22%, increasing Bezos’ net worth by a cool $10 billion.

As well as his wealth from Amazon, Jeff Bezos owns real estate worth millions in Seattle, Texas and California. In 2000 he founded space tourism company, Blue Origin, which specialize­s in making reusable space rockets. He bought the Washington Post for a quarter of a billion dollars in 2013,and he has funded the building of a clock in Texas, the Clock Of The Long Now, which will show time accurately for 10,000 years.

Amazon,currently valued at $529 billion, is the world’s largest e-commerce company.It completed its acquisitio­n of souq.com, the Middle East’s leading ecommerce website, for $580 million in July 2017, and it acquired Whole Foods for $13.7 billion in August.

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