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Gates Joins Bezos in 12-Digit Club as the Only Centibillionaires

Microsoft Corp. co-founder Bill Gates, once the world’s richest person, has again eclipsed the $100 billion threshold, joining Amazon.com Inc.’s Jeff Bezos in the exclusive club, according to the Bloomberg Billionaires Index.
Bloomberg
Opening Day Of World Economic Forum 2019 Bill Gates, billionaire and co-chair of the Bill and Melinda Gates Foundation, listens during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 22, 2019. (Photo: Jason Alden/Bloomberg)

Gates’s fortune, now $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 $145.6 billion, having added $20.7 billion this year alone, while Gates has gained $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 an $86.2 billion fortune, equal to about 3 percent of his country’s economy. The net worth of Spain’s
Amancio Ortega represents 5 percent of that nation’s gross domestic product. And then there’s
Bidzina Ivanishvili, whose worth about a third of Georgia’s GDP.

Read more: World’s richest just can’t give away their money fast enough DM

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