Bill Gates, who is now worth $86.8 billion, would be worth approximately $150 billion if he had not given approximately 700 million Microsoft Corp. shares and $2.9 billion in cash to charity since 1996.
Founder and largest shareholder of Amazon, Jeff Bezos has not only become the richest person in the world, but also touched the United States dollars 100 billion-mark for the first time, according to a Bloomberg report. Gates hit the $100 billion mark back in 1999, and Bezos is the first since then to duplicate the feat. Bezos has once again knocked Bill Gates off the top spot.
As holiday shopping dies down over the next few weeks, Bezos' fortune could fluctuate to below the $100 billion mark.
Putting it into context, Bezos made $2.4 billion on Friday, enough by itself to propel a person into Forbes top 1,000 richest people on the planet.
At the start 2017, Bezos was the fourth richest person in the world and surpassed both Inditex founder Amancio Ortega and Berkshire Hathaway's Warren Buffet this year as well.
By comparison, Bill Gates' current estimated net worth stands at a paltry $86.8 billion (£65.1bn). Bezos' climbing net worth is due in part to an exceptionally profitable year for Amazon, which saw the acquisition of Whole Foods.
"I'm thinking I want much of my philanthropic activity to be helping people in the here and now - short term - at the intersection of urgent need and lasting impact", he wrote.
A number of arrests were made after the brawl, though reports did not disclose who was arrested and what charges they might face. Check out this video, shot at the Riverchase Galleria in Hoover, Alabama where shoppers are fighting for bargains.
The Apple HomePod has been delayed to early 2018, giving rivals Amazon and Google a huge advantage in the smart speaker race. The American company Apple has postponed the release date of its smart HomePod column from the end of 2017 to early 2018.
SEVERAL people are feared dead after a plane and helicopter collided in mid-air near a Buckinghamshire manor house this afternoon. The AAIB has sent a team to investigate the crash. "Disruption to road network around Waddesdon likely for the rest of the day".
But the agency says nonfarm employment has fallen for three consecutive months by a total of 3,900 jobs, to 495,800 in October. On the Kansas side of the Kansas City metropolitan area, unemployment fell two-tenths of a point, to 3.1 percent.
Additionally, feel free to chime in with the best discounts you've been able to find in the comments section below as well. Which day is best for bargains? Over 100 million shoppers in the U.S. shopped online for Black Friday deals in 2016.
Videos on social media showed people running along the streets. "Police have responded as if the incident is terrorist related". But around 90 minutes after responding, police said there was no evidence of any shots, casualties or suspects.
Rockefeller Financial Services Inc. purchased a new stake in Foot Locker in the third quarter valued at $42,618,000. The stock has a market capitalization of $3,930.00, a P/E ratio of 6.70, a PEG ratio of 2.09 and a beta of 0.66.
Meghan Markle was officially introduced to the Queen
Beloved Prince Harry was seen at the door of the shop Heidi Klein, which features a wide selection of beachwear. A rep for the company told Associated Press that an engagement "is to be confirmed imminently".
Apple acquires VRvana, heating up new AR headset rumors
Apple acquired the Montreal-based startup for $30 million United States dollars , two sources told the publication. The Vrvana site is now still up, but it stopped updating social accounts and news in August of this year.
Manchester United to step up pursuit of Tottenham star
Shaw's main struggle has been dealing with injuries, with the England worldwide making just 32 league appearances in four seasons. The England left-back has been tracked by United over the last few seasons and is understood to be interested in a move away.
Muhammad Hafeez suspended again for 'illegal' bowling action
He was permitted to resume bowling in April 2015 following an independent reassessment where his action was found to be legal. Hafeez , who bowls offspin, was reported during the third ODI between Pakistan and Sri Lanka on Oct.18 in Abu Dhabi.
Home Form Vital For Arsenal, Says Wenger
Arsenal's record signing has only completed 90 minutes once since his summer arrival but Wenger says there is no lack of trust. The Gunners have won more trophies in recent seasons, but Sherwood insists his old side are close to winning silverware.
Norway wealth fund plans to drop oil and gas stocks
The fund is among the world's biggest investors in stocks, owning $667 billion worth of shares in over 9,000 companies globally. Rockefeller were alive in the 21st century, "he would be moving out of fossil fuels and investing in clean, renewable energy".