Amazon's Jeff Bezos Passes Bill Gates To Become World's Richest Man

Doubles in just one year....

Bezos' net worth is now $90.9 Billion.

His net worth on the Forbes list in 2016,  just one year ago was $45.2 Billion 

USA Today reported:
Amazon's Jeff Bezos has surpassed Bill Gates to become the world's richest man Thursday.

Assuming stock gains, Bezos has executed a meteoric rise up the billionaires list -- a testament to the growing might and wealth of the Seattle company he runs.

Microsoft co-founder Gates, 61, has held the top place in the billionaire list since May of 2013. Just a year ago Bezos was number five on the list.

After the market opened Thursday, Amazon shares rose more than 1% driving Bezos' net worth to $90.9 billion, compared to Gates' $90.7 billion. Gates was worth $90.8 billion while Bezos was at $89.9 million, according to the Bloomberg Billionaire Index.

Amazon (AMZN) shares surged Thursday morning, in anticipation of the company's earning statement expected after the bell. Early on in the day they hit $1,074.68.