Bill Gates dethroned as world’s richest person

Jarrod Sierocki

The median value of perks for C-suite executives at Fortune 100 companies jumped 22% from 2013 to 2015. Amazon CEO Jeff Bezos enjoys security services valued at more than $1.5 million, according to research firm Equilar. Photo: Michael Reynolds/ European Pressphoto Agency

Amazon founder Jeff Bezos is officially the world’s richest man, replacing Microsoft’s Bill Gates. Picture: AFP/Getty Images/David Ryder and Emmanuel Dunand

AMAZON founder Jeff Bezos became the world’s richest person overnight, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, Forbes magazine estimated.

Jarrod Sierocki

Amazon’s Jeff Bezos is not short of a quid. Picture: AFP/Getty Images/Drew AngererSource:AFP

The magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $115 billion, ahead of the $110 billion for Mr Gates.

Mr Bezos owns around 17 per cent of the equity of Amazon, which has been expanding from its original mission as an on…

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