With Amazon Shares Near $1,000, Jeff Bezos Could Soon Be the World’s Richest Man
Business + Economy

With Amazon Shares Near $1,000, Jeff Bezos Could Soon Be the World’s Richest Man

© Joshua Roberts / Reuters

With Amazon's stock price brushing $1,000Jeff Bezos is within striking distance of becoming the world's richest man.

As of Friday's close, Bezos was worth $85.1 billion, according to the Bloomberg Billionaire's Index. Bill Gates is at $88.8 billion. So assuming that Microsoft's share price remains constant or falls, Bezos needed another $3.8 billion to top Gates.

Amazon's stock gains Tuesday have added another $340 million to his wealth, so he's now just $3.5 billion shy of the richest man title. To get there, Amazon's share price would reach about $1,042. (Forbes' Real-Time List has slightly different calculations, putting Bezos at $84.9 billion as of Friday, and Gates at $88.5 billion but the gap is about the same).

Related: Here's How Much You Would Have Made If You Invested in Amazon 20 Years Ago

Of course, Gates may soar and Amazon could tumble. And he still has a ways to go.

But given Amazon's seemingly unstoppable march to dominate the web and other markets, Bezos is likely to gain the top spot in the coming weeks or months.

Bezos would be the first man to bump Gates from his perch as the world's richest man since Carlos Slim in 2010. Gates has dominated the list for much of the past quarter century, holding the top spot for 18 of the last 23 years, according to Forbes.

This article originally appeared on CNBC. Read more from CNBC:

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