With $150 billion, Jeff Bezos is now the richest man in modern history

Just as Prime Day was kicking off, Amazon CEO Jeff Bezos on Monday reportedly became the richest man in modern history.

According to Bloomberg Billionaires Index, which tracks net worth of the 500 richest people in the world, Mr Bezos is now worth $150 billion. The staggering number is more than Bill Gates was ever worth, even during the height of the dot-com boom, Bloomberg reported.

After adjusting for inflation, Microsoft co-founder Bill Gates was worth $149 billion in 1999.

Bezos and Gates have been duking it out to be the world's richest person for the last few years, but it's worth noting that Gates has donated a sizable part of his fortune to charity — primarily to the Bill and Melinda Gates Foundation. Right now, Gates has a net worth of $95.5 billion, $50 billion less than Bezos.

Bezos, meanwhile, has come under fire for poor working conditions in Amazon warehouses, and thousands of the retailer's European workers are going on strike ahead of Prime Day, which will offer sales and discounts on many items.

Business Insider

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