Jeff Bezos becomes the richest man in history

Jeff Bezos is the richest man in history, the Amazon founder is now worth a staggering $211billion after the e-commerce company’s share price rocketed by four percent.

His net worth soared by more than $8.4billion on Tuesday, according to Bloomberg’s Billionaires Index.

For a brief time in January, Elon Musk was the richest person in the world with $210 billion (USD). However, Jeff Bezos quickly reclaimed this position as the share price of Amazon continued to soar by 15.4% in 2021.

Bezos has now put further distance between himself and other billionaires as Bloomberg’s Billionaire Index notes he is now worth $211 billion (USD). This puts the Amazon CEO $30 billion ahead of his closest rival Elon Musk and makes him the richest man in modern history.

Bezos’ success comes as the Pentagon canceled a disputing cloud-computing contract with Microsoft that could have been worth $10billion.

Microsoft won the contract under former president Donald Trump but Amazon went to court alleging that the process was flawed and “improperly influenced by politics”, the AP reports.

The JEDI project was designed to store vast amounts of classified data – allowing US military officials to improve communications with soldiers on the battlefield, as well as using artificial intelligence to speed up its war planning.

It is being reported that the Pentagon will pursue potential deals with both Amazon and Microsoft.