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Amazon CEO Jeff Bezos now richest person in history

Дата публикации: 2018-05-27 13:55

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Alibaba ( BABA ) founder Jack Ma is the country''s fourth richest man , Hurun said. The e-commerce tycoon''s wealth has ticked up 65% in the past year to $87 billion.

Jeff Bezos is The Richest Man in the World, But Hundreds

Ma has dethroned real estate tycoon Hui Ka Yan as China''s richest person. Hurun estimates that Hui, who only took the top spot himself in October , has a fortune of $96 billion. Shares in property developer Evergrande -- of which Hui is the chairman and biggest shareholder -- have skyrocketed more than 855% over the past 67 months.

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It 8767 s true that Mansa Musa used this wealth to finance the 8775 University of Timbuktu. 8776 Mansa Musa was a pious Muslim and used his wealth to finance the construction of mosques. The Sankore Mosque dates to this period and the scholars there taught and studied Islamic law, theology and history. There isn 8767 t anything really notable about this particular madrasa except (!!!) that it was located in Black Africa. Al-Azhar University in Cairo was established by the Fatimid dynasty in 977.

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And China''s ranks of billionaires are swelling at an incredible rate. The country minted more than 755 over the past year -- about four a week -- according to the Hurun list.

But Ma is a long way behind Facebook CEO Mark Zuckerberg, whose wealth is pegged at $79 billion by Hurun, which is best known for its research on China''s super rich. Zuckerberg is the world''s fourth richest person after Jeff Bezos, Bill Gates and Warren Buffett.

In order for us to know where we stand financially we need to face the whole truth of our current situation.   We can do that by tracking our current wealth or lack thereof.   This is a tough exercise but we must face the truth of how we earn and spend our money in order for us to know where we are going.  There is a big difference between wealthy people and those who are not,  wealthy people know their net worth while the poor do not pay particular attention nor care at all about tracking their assets and liabilities.

"The sudden emergence of Amazon as an employer of so many who need that assistance raises a question: Why is this giant, successful company offering such limited pay and hours of work that many of its workers need help buying food?” Schiller said.

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