Bezos' net worth increased $1 billion to $89.3 billion on Wednesday, putting him less than $900 million away from surpassing Microsoft co-founder Bill Gates to become the richest person in the world.
Once upon a time, back when Amazon only sold books, Bill Gates was the world's richest person.
Amazon's share prices zoomed by 1.8 per cent to Dollars 1,071.31 as of 9:30 am in NY. Apart from his holdings in Amazon, Forbes has also taken into account Bezos' ownership of the WashingtonPost and the rocket company Blue Origin to arrive at his net worth.
The 53-year-old Amazon founder added $1.2 billion to his net worth on Thursday alone, according toForbes data.
Amazon's surprise announcement in June that it would buy Whole Foods, the purveyor of organics and healthy fare, for $13.7 billion is already rattling the grocery sector, with competitors' share prices dropping on the news.