Bill Gates reclaims ‘world’s richest person’ title from Amazon CEO Jeff Bezos

Jeff Bezos is taking a fall from his perch as the world’s richest person, mostly because Amazon’s stock price has fallen. That cut into Bezos’ wealth, Bloomberg reports, though not so you’d notice.

Bezos is at $107.1 billion at the moment, about $300 million less than Gates, according to the Bloomberg Billionaires Index. It’s the first time Microsoft’s co-founder has topped the list since October 2017.

Microsoft’s stock has shot up this year, and Gates still has 1% of its shares.

Forbes also documented the new order, putting Gates back on top; he headed the Forbes 400 for 24 years, until 2018.

The stock slide isn’t the whole story on Bezos’ slippage. One-fourth of Amazon’s ownership went to MacKenzie Bezos in their divorce settlement this year. She’s now worth $32.7 billion. And then there’s philanthropy.

Bill Gates and Jeff Bezos.jpg

Gates would easily reign atop the wealth lists if he hadn’t given so much away, including much of his Microsoft stock. The Bill & Melinda Gates Foundation now is the largest private charitable foundation in the world.

Bezos has long been criticized for not doing more, and that started to change last year, when his contributions were estimated at $2 billion, per CNBC, much more than Gates in 2018.

Bill Gates – Donald Trump can be like former U.S. President JFK

The U.S. President-elect Donald Trump has a big chance to “Make America Great Again”, and in the words of Bill Gates, the Republican has been presented with an opportunity to establish “American leadership through innovation.”

Bill Gates, 61, granted CNBC an interview where he spoke about multiple issues relating to Trump’s election and the mountainous challenges ahead.

The American billionaire investor said: “A lot of his message has been about … where he sees things not as good as he’d like.”

The Microsoft co-founder appeared on CNBC’s “Squawk Box”, a popular “pre-market” morning news and talk show where people from all walks of life [business, politics, sports etc.] are invited to tell their most important stories.

Bill Gates

“But in the same way President Kennedy talked about the space mission and got the country behind that,” Gates continued at the show which is officially hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.

“I think whether it’s education or stopping epidemics … [or] in this energy space, there can be a very upbeat message that [Trump’s] administration [is] going to organize things, get rid of regulatory barriers, and have American leadership through innovation.”

Image: Bill Gates

Gates revealed during the chat that he has spoken with America’s next Commander-in-Chief, adding that they discussed “the power of innovation.”

“Of course, my whole career has been along those lines. And he was interested in listening to that. And I’m sure there will be further conversation,” the father-of-three added.

Surprisingly, Gates disclosed that the discussion between him and Trump on “the power of innovation” was their first conversation ever.

However, the technology entrepreneur confirmed that they both share some mutual friends.

Bill Gates, one of the best-known entrepreneurs of the personal computer revolution, has been criticized for his business tactics. His strategies have been considered anti-competitive, an opinion that has in some cases been upheld by numerous court rulings.