Jeff Bezos regains the title of world's richest person

  • Jeff Bezos has once again bested Bill Gates to become the richest person in the world.
  • The Amazon CEO got a boost in his wealth from the rise of Amazon's stock after earnings.
  • Check out Amazon's share price live here.

After Amazon's third-quarter earnings report, Jeff Bezos reclaimed his crown as the richest person in the world.

Amazon reported its third-quarter earnings on Friday, and handily beat analysts' estimates for earnings and revenue. The company's shares jumped more than 8% after the report, each share rising by about $79.64 from the previous day's close.


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Bezos, as CEO of the company, owns about 81 million shares of Amazon stock according to a recent SEC filing. If you do a bit of math to multiply Bezos' 81 million shares by the increase in the company's stock price, you land with an increase of about $6.44 billion in a single day. It's worth noting that the number of shares Bezos owns could have changed since the filing.

With an extra $6.44 billion, Bezos passes Bill Gates to be the richest person in the world, according to data from Bloomberg. Bezos is worth about $90.6 billion now.

Gates was worth about $88.5 billion as of market open Friday, according to data from Bloomberg. After Microsoft's post-earnings bump, Gates saw his net worth rise by about $423 million.

Bezos owns a 17% stake in Amazon, according to the SEC filing, but that isn't his only source of wealth. The e-commerce giant also has a $3 billion stake in Blue Origin, his rocket company, and a $250 million stake in the Washington Post, according to Bloomberg.

Bezos' previous stint at the top of the billionaires list came after the company's second-quarter earnings.

RELATED: Jeff Bezos' secrets to success

Jeff Bezos' secrets to success
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Jeff Bezos' secrets to success

Use your childhood passions as a starting point

Bezos' passion for science as a child fueled his ability to create, innovate and discover.

It's reported that he invented an electric alarm in his parents' garage to keep his half-siblings out of his room. 

Photo credit: Getty

Remember where you came from

Bezos used to spend his summers working on his grandfather's cattle farm. It's helped keep Bezos humble, and serves as a reminder to always work hard.

Photo credit: Getty

Be prepared for ideas to strike you at any time

Bezos wrote down his business plan on a car ride from NY to Seattle.

Photo credit: Getty

Be open to rebranding

Bezos originally wanted to call Amazon "Cadabra" but changed his mind when potential customers were mispronouncing and mishearing the name. 

Another former name, "Relentless," still redirects its URL to Amazon today.

Photo credit: Shutterstock

Abide by the "Two Pizza Rule"

Bezo's golden rule: In order to have a successful business venture, one should form small teams consisting of the number of people it would take to finish two pizzas.

Photo credit: Getty

Don't think that you're immune to failure crashed for 40 minutes in 2013, costing the company $4.8M. 

Photo credit: Getty

Never stop expanding 

Since Amazon has launched, the company has made several million-dollar acquisitions, such as Zappos, IMDB and The Washington Post.

Bezos also founded a space travel company called Blue Origin in 2000 and is currently chairing the construction of  a 10,000 year clock in Texas.

Photo credit: Shutterstock

Train your employees for success, no matter where they go

Amazon employees leave the company skilled and ready to blaze trails of their own. Former employees include Jason Kilar (founder of Hulu and Vessel) and Charlie Cheever (founder of Quora).

Photo credit: Getty

Don't limit yourself to one specialty 

Amazon started solely as an e-book seller. The company now sells goods across over 15 categories.

Photo credit: AOL


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