It was earlier reported that Amazon founder, Jeff Bezos was the world’s richest man, displacing Microsoft’s Bill Gates, but the reign only lasted for a couple of hours.
Bezos has become the richest man with a $90.6 billion net worth when market only opened on Thursday.
According to Forbes, Amazon stock climbed another 1.3% to an intraday high of $1,083.31, it then dropped down to $1,046 by the time markets closed, knocking Bezos out of the top spot.
He ended the day with an $88.7 billion fortune, down $540 million from late Wednesday. Gates is once again the richest person in the world with an estimated $89.8 billion fortune, down $240 million from yesterday.