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step aside bill gates
July 17, 2018

When his net worth hit $150 billion on Monday, Amazon CEO Jeff Bezos became the richest person in modern history.

The 54-year-old is already the richest person in the world, with his net worth increasing by $52 billion this year. Taking into account inflation, his $150 billion fortune is more than the $100 billion Microsoft co-founder Bill Gates had in 1999, which would be worth $149 billion today, USA Today reports.

Bezos' staggering amount of wealth puts him well above his peers, including Gates ($93 billion), Berkshire Hathaway CEO Warren Buffet ($83 billion), Facebook CEO Mark Zuckerberg ($83 billion), and Inditex founder Amancio Ortega ($75 billion). Amazon stock closed Monday at $1,822.49, after climbing to a record $1,841.95 earlier in the day. Catherine Garcia

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