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Amazon CEO Jeff Bezos surpasses Bill Gates to become the richest person in the world

The e-commerce giant’s shares rose 13%, the most in two-and-a-half years, on the Nasdaq stock exchange on Friday.

Amazon chairman and Chief Executive Officer Jeff Bezos on Friday overtook Microsoft Co-founder Bill Gates to become the richest person in the world, according to the Bloomberg Billionaires Index. Bezos added $10.4 billion (Rs 67,481 crore) to his net worth as Amazon shares rose 13%, the most in two-and-a-half years, on the Nasdaq stock exchange.

When United States markets closed on Friday, Bezos had a net worth of $93.8 billion (Rs 6,08,624 crore), $5.1 billion (Rs 33,092 crore) ahead of Bill Gates on the Bloomberg index, a daily ranking of the world’s 500 richest people. Gates had been the world’s richest person since 2013.

Bezos’ wealth has increased by $28.5 billion (Rs 1,84,923 crore) in 2017, compared to Gates’ $6.3 billion (Rs 40,878 crore). Gates had donated $4.6 billion (Rs 29,847 crore) of Microsoft stock to the Bill & Melinda Gates Foundation in August.

The last time Bezos overtook Gates as the richest person in the world was on July 27 this year. When US markets opened that day, Bezos’ net worth stood at $90.6 billion (Rs 5,87,861 crore) compared to the Microsoft co-founder’s $90.1 billion (Rs 5,84,617 crore). But by the afternoon, Gates had again surpassed Bezos as the world’s richest billionaire, after Amazon’s stock fell 1%.

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What is it about Tom Clancy’s characters?

In the mammoth Jack Ryan series, Tom Clancy creates a compelling protagonist who is as cerebral as he is action-oriented.

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Jack Ryan is a complex hero. Before he was beating up bad guys Hollywood-style, he also took a year to learn to walk again and battled painkiller addiction. Before he became the POTUS, jet-setting around the world on official matters, he nursed a crushing phobia of flying. A reluctant president, he nonetheless campaigns for a second term and even has foreign policy named after him - the ‘Ryan Doctrine’- in the tradition of some past US presidents.

Other prominent characters in Ryanverse have equally rollercoaster-like story arcs. John Clark/Kelly - Ryan’s bodyguard - is tragedy’s favourite child, having lost his parents in childhood and later wife. After a whirlwind adventure involving two gunshots and 16 murders, John Kelly ended up having to change his identity to John Clark. He, unlike Ryan, has an unusually strong aversion to drugs.

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This article was produced by the Scroll marketing team on behalf of Amazon Prime Video and not by the Scroll editorial team.