Monday January 27, 2020
Home Lead Story Bill Gates Of...

Bill Gates Officially Surpasses Jeff Bezos as Richest Person on Earth: Report

The Bezos couple finalised their divorce in April in what was reported as the biggest divorce settlement in history, entitling MacKenzie Bezos to Jeff Bezos' stocks worth around $36 billion

0
//
Bill Gates, Fight, Climate Change
Bill Gates, co-chair of the Bill & Melinda Gates Foundation. VOA

Billionaire philanthropist Bill Gates officially surpassed Amazon CEO Jeff Bezos at world’s richest person on Earth with a net worth of $110 billion — according to the latest Bloomberg Billionaires Index.

The Microsoft co-founder had briefly topped Bezos as the world’s richest man last month after Amazon’s lacklustre Q3 results resulted in Bezos losing nearly $7 billion in stock value.

Bezos ended Gates’ 24-year run as the richest man in 2018 with a net worth of $160 billion.

According to CNN, Gates regained the lead on Friday after Microsoft stock went up nearly 48 per cent this year, helping boost the value of his stake in the tech giant.

Jeff Bezos
Jeff Bezos, Amazon founder and owner of Blue Origin. (Wikimedia Commons)

Amazon’s Cloud arm AWS losing $10 billion Pentagon project to Microsoft has also helped the Satya Nadella-led company gain on the stock market.

Gates debuted on Forbes’ first ever billionaire list in 1987 with a net worth of $1.25 billion.

Also Read: Social Video app TikTok Reaches 1.5 Billion Downloads Worldwide

Bezos first joined The Forbes 400 list of richest Americans in 1998, one year after Amazon went public, with a net worth of $1.6 billion, the report added.

The Bezos couple finalised their divorce in April in what was reported as the biggest divorce settlement in history, entitling MacKenzie Bezos to Jeff Bezos’ stocks worth around $36 billion. (IANS)

Next Story

Space Rock Twice the Size of Big Ben to Skim Past Earth: NASA

"These asteroids have been well observed and their orbits are very well known," said NASA's Planetary Defence Officer Lindley Johnson

0
University of Iowa, Radiation, Sun
FILE - Tourists take pictures of a NASA sign at the Kennedy Space Center visitors complex in Cape Canaveral, Florida, April 14, 2010. VOA

NASA is closely monitoring an asteroid with an estimated diameter of about 755 feet — larger than the Golden Gate Bridge tower or more than twice the height of London’s Big Ben — that is currently heading towards Earth and is expected to skim past the planet on Monday.

Flying towards the planet at a speed of over 61,500 miles per hour, the Near-Earth Object (NEO) is big enough to destroy an entire city if collides with the Earth.

The approaching asteroid has been identified as “2020 AQ1”.

According to Express.co.uk, the asteroid will make its closest Earth approach on January 20 at around 2.54 am EST (1.24 pm India time).

The European Space Agency (ESA) has identified 21,655 NEO asteroids and 109 NEO comets.

NASA
Earth’s view from moon’s surface. Pixabay

The asteroid will hurtle past the planet on what astronomers have described as a “close approach” trajectory.

NASA’s trackers estimate the rock measures somewhere in the range of 328 feet -754 feet across – more than twice the height of London’s Big Ben.

Last September, a pair of asteroids flew past the Earth.

Also Read: Malaysia on Track to Roll out 5G Service Commercially: President Mahathir Mohamad

“These asteroids have been well observed and their orbits are very well known,” said NASA’s Planetary Defence Officer Lindley Johnson.

“Both of these asteroids are passing at about 14 lunar distances from the Earth, or about 3.5 million miles away, but small asteroids pass by Earth this close all the time,” he added. (IANS)