Jeff Bezos Surpasses Bill Gates as World's Richest Person (bloomberg.com)

Posted by msmash on Thursday July 27, 2017 @02:45AM from the new-king dept.

An anonymous reader shares a report: A surge in Amazon shares Thursday morning in advance of the online retailer's earnings report has propelled founder Jeff Bezos past Bill Gates as the world's richest person. Shares of the online retailer rose 1.3 percent to $1,065.92 at 10:10 a.m. in New York, giving Bezos a net worth of $90.9 billion, versus $90.7 billion for Gates. If that holds through the 4 p.m. close, Bezos, 53, will leapfrog Gates, the Microsoft co-founder, on the Bloomberg Billionaires Index. Gates, 61, has held the top spot since May 2013.

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Re:Nobody should have that much money. by kilfarsnar · 2017-07-27 03:01 · Score: 1, Troll

We have anti-trust and anti-monopoly laws. Why not laws that break up the estate of people that accumulate more than say 1000x the median net worth?
Because Capitalism is America's religion and the dollar its God.

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"What the American public doesn't know is what makes them the American public." -Ray Zalinsky (Tommy Boy)