Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
National
Milo Boyd

Bill Gates knocks Amazon's Jeff Bezos off top of the world's richest person list

Bill Gates has regained his position as the richest person in the world for the first time in two years.

The Microsoft co-founder has found himself at the top of the charts after Amazon CEO Jeff Bezos' vast wealth got a little smaller.

On Friday the Bloomberg Billionaire Index reported that Gates was worth a staggering $110 billion (£85 billion.)

The 64-year-old's rise to the top was in part helped by the Pentagon signing a $10 billion contract with Microsoft for cloud computing services.

Jeff Bezos is no longer the world's richest person (Getty Images)

While Gates only owns roughly 1% of the company he helped build, that is thought to be worth around $7.3 billion.

The fact the Pentagon chose Microsoft over Bezos's company Amazon caused the online retailers' value to tumble by 2%.

The stock market drop cause the 55-year-old's total wealth to come in at a paltry $108.7 billion.

Bezos agreed to give his ex-wife a quarter of his Amazon holding (AFP/Getty Images)

Bezos fortune took another pummeling recently when he divorced ex-wife MacKenzie, with the 49-year-old receiving a quarter of his Amazon holdings as part of the settlement.

Gates would have been firmly at the top of the billionaire tree had he not given away such a large chunk of his wealth.

Since 1994 he has donated more than $35 billion through the Bill & Melinda Gates Foundation.

The 64-year-old is valued at $110billion (Getty Images for The New York Ti)

Behind Bezos in third on the richlist is Frenchman Bernard Arnault , chairman and CEO of Moët Hennessy – Louis Vuitton.

He has a cool $15billion more than Berkshire Hathway's Warren Buffet in fourth and $30billion more than Facebook founder Mark Zuckerberg in fifth.

The top ten richest people in the world - all of whom are men - have a collective fortune of $787.8billion.

That equates to more than $100 for every person on Earth.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.