Jeff Bezos is the world’s richest man after Amazon shares jump

Amazon shares jump after earnings

Amazon, Intel, Microsoft and Google all crushed earnings yesterday but Amazon is the winner with shares soaring to $1056 from $980. (Update now $1077)

Bezos was briefly the world’s richest man earlier this year but an intraday reversal in AMZN meant it only lasted for a few hours — so he went out and bought Whole Foods.

Meanwhile, shares of Microsoft are up nearly 9%. Bill Gates once owned 24% of the company, which would make him worth about $160 billion but he’s given away and sold almost all of it, so he’s only worth $88.0B billion, putting him slightly below Bezos now.

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