January 19, 2019

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Jeff Bezos is now the richest man in modern history 

Jeff Bezos is now the richest man in modern history 
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Gates’ $100 billion fortune in 1999 would be worth about $149 billion in today’s dollars. So today, Bezos officially passed the inflation-adjusted Gates high.

Bezos’ fortune has more than doubled over the past two years as Amazon’s stock has soared. Earlier Monday, Amazon shares hit an intraday all-time high of $1,841.95, and the company’s market value now tops $890 billion.

But there is still one wealth measurement that Bezos has yet to achieve — the wealthiest ever, as a share of national GDP.

John D. Rockefeller, who was the nation’s first billionaire, was worth 2 percent of the entire GDP of America at his peak in the early 1900s. For Bezos to top that measure, his net worth would have to climb to over $350 billion.

In other words, give him a year or two.



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