In fact, the 62 year-old founder of Microsoft would would be worth more than $150 billion (£112.4bn) if he hadn't donated nearly $700 million (£524.91m) Microsoft Corp. shares and $2.9 billion (£2.17bn) of cash and other assets to charity since 1996.
The world's richest man and e-commerce mogul directly owns about 78.9 million shares of Amazon.
Today the business is the largest online retailer in the world and the talk of town here in Australia, where the launch of Amazon's local offering is imminent. Today, he is another of those fortunate individuals whose net worth has hit $100 billion mark. Given the wealth standings of all current billionaires, it seems Bezos will continue to remain on the top spot for a while.
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The Amazon founder's fortune surpassed $100 billion after increasing $2.4 billion this week, thanks to an increase in Amazon's stock price tied to expectations for booming Black Friday sales. This has now propelled him to the top of the list, with a gain of $2.4 billion on the world's wealthiest list and topping out at $100.3 billion.
Online sales for Black Friday are up 18.4% from a year ago, while the projected final spend is $5bn, according to Adobe Analytics.
Bezos reached this milestone at 53, the same feat that was achieved by Bill Gates of Microsoft Corp. when he was 44.
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The title of "world's richest person" has changed hands a few times this year, going back and forth between Bill Gates and Jeff Bezos. In a single week, Amazon stock climbed 5 percent on the trading board. That said, Gates has given a significant amount of his fortune away to charity and in acts of philanthropy.
He moved back ahead of gates in October.
Apple is offering gift cards worth up to $150 on Black Friday
Still, an iPhone X-inspired standard handset poses a lot of challenges, including the issue on affordability and portability. However, Apple is now looking to break away from its expensive investments with its announcement for the iPhone SE 2.