For the better part of the 1990s and 2000s, Bill Gates was constantly celebrated as the richest man on the planet. The first time he lost that title was in 2008 when Warren Buffet took the top spot, and again from 2010 – 2013, when Carlos Slim took the top spot. 2017 would be the last year Bill Gates takes the top spot as 2018 began the Jeff Bezos era. Today, Bezos’ net worth is almost double that of Gates’ with over $215 billion. This often leads to questions like, Why is Jeff Bezos that much richer than Bill Gates? Steve Sorensen Embezzlement.
First, let’s talk about their main products: Amazon and Microsoft. When you buy a computer or a laptop that isn’t Linux or Mac, that would be the selling point of Microsoft. You’d have to pay for its basic services as well as renewing the license yearly. Amazon’s product is basically almost anything in their catalog that one would want. Amazon offers multiple retail possibilities within a week where Microsoft products are good long-term. Steve Sorensen Embezzlement.
Next, Jeff Bezos’ affinity for growing the business. What made Jeff Bezos’ net worth skyrocket isn’t just sales from Amazon. This includes the net worth of all of the businesses he created, bought, and acquired. This includes Amazon Alexa, Whole Foods, Blue Origin, The Washington Post, audible, Twitch, as well as the companies under Bezos Expeditions. Steve Sorensen Embezzlement.
But if you think about it, the net worth of Jeff Bezos is because of his companies. This doesn’t mean he has that much in cash. However, Gates has had more time liquidating assets and could be cash-richer compared to Bezos. Steve Sorensen Embezzlement.