Bezos overtook Gates, who has been the richest man on the planet since 2013, after an increase in the share price of Amazon ahead of its latest results due later on Thursday.

According to the Forbes’ index, the rise pushed the value of Bezos’s fortune to $91bn, compared with Gates’ wealth of $90bn.

Alhaji Aliko Dangote also have his net worth increase by $162m to $16.2bn on Thursday, as the Founder of Amazon, Jeff Bezos, briefly overtook Microsoft’s Bill Gates to become the world’s richest person. The net worth of the Chairman of Globacom, Dr. Mike Adenuga, also rose by $7m to $6.2bn.

But as Amazon shares fell back, Gates regained the top spot.
Bill Gates Overtakes Amazon CEO, Jeff Bezos As The World Richest Man, In Less Than 12hours
Just a few hours ago, Jeff Bezos was the richest man in the world. Now he’s back to the second spot

As at thursday morning when the floor market was open Bezos had a net worth of $90.6 billion. Amazon’s stock, of which he holds 17%, had climbed to a high of $1083.31. This led Forbes to crown him as the world’s richest man. However, that only lasted a morning because when the markets closed on Thursday Amazon’s stock fell to $1046 and Bezos’s net worth had dropped to $88.7 billion. Bill Gates climb back to be the richest man in the world.