Gates joins Bezos as the only two members of the US$100B club [Business News Network (BNN) Energy & Resources (Canada)]
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Source: Business News Network
Gates joins Bezos as the only two members of the US$100B club Bloomberg tracks the fortunes of some 2,800 billionaires. Of those, 145 are worth at least US$10 billion, making them decabillionaires. Now, the world contains two centibillionaires simultaneously. Microsoft Corp. co-founder Bill Gates, once the world’s richest person, has again eclipsed the US$100 billion threshold, joining Amazon.com Inc.’s Jeff Bezos in the exclusive club, according to the Bloomberg Billionaires Index. Gates’s fortune, now US$100 billion on the nose, hasn’t reached such heights since the dot-com boom, when Bezos was only beginning his march up the world’s wealth rankings. The Amazon founder is now worth US$145.6 billion, having added US$20.7 billion this year alone, while Gates has gained US$9.5 billion in 2018. These two fortunes underscore a widening wealth gap in the U.S., where those with the most capital are accumulating riches the fastest. It’s also a worldwide trend. France’s Bernard Arnault has a
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