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Amazon CEO Jeff Bezos has become the wealthiest person in history and the first to outrank Microsoft’s Bill Gates on the rich list, according to data compiled by Bloomberg. Gates was the only one to have made 13-figure fortune.

Bezos’ net fortune amounted to $106 billion on the Bloomberg Billionaires Index as Amazon market capitalization advanced nearly 57 percent in 2017. The surge was mostly triggered by enormous holiday sales. The Seattle-based corporation managed to make up 89 percent of online spending among major retailers in five days after Thanksgiving in the US.

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