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|NEW YORK Cheap Air Jordan 4 Black Cat Womens Black For Sale , July 28 (Xinhua) -- Amazon CEO Jeff Bezos briefly took the crown from Microsoft founder Bill Gates as the world's richest person on Thursday, thanks to the recent surge in the company's stock price.
Bezos' net worth reached 90.6 billion U.S. dollars on Thursday morning, bringing the Amazon founder and CEO to the top of the Forbes' Real Time Billionaires List, surpassing Microsoft founder Bill Gates by 500 million dollars.
But a dip in Amazon's stock price by the close of the market knocked Bezos out of the top spot behind Gates. Bezos finished the day with a fortune of 88.7 billion dollars, according to Forbes.
Bezos claimed the crown of the world's richest man thanks to a tremendous surge of Amazon's stock price in recent years.
The e-commerce giant's stock price touched the 1,000-dollar-per-share milestone for the first time at the end of May this year Cheap Air Jordan XXX1 Banned Black Red For Sale , doubling its price in less than two years from 500 dollars per share initially reached in July 2015.
Bezos currently owns about 80 million shares, or 17 percent, of the company, which he founded in 1994 in the garage of his home in Bellevue, Washington after quitting his job as a Wall Street executive.
Although Bezos' reign on top of the rich list lasted only a few hours, this is likely not Bezos' last time at the top of the Forbes ranking.
As of the close of markets Thursday Cheap Men's Air Jordan XXXI Why Not PE Black Grey For Sale , Bezos was only 1.1 billion dollars behind Gates, according to Forbes. Small fluctuations in Amazon's stock price may allow Bezos to dethrone Gates again.
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Chinese police recently busted an organization which had been receiving overseas funds to conduct activities that endanger national security in the name of human rights, detaining several people, including a Swedish citizen.
Peter Dahlin Cheap Air Jordan Retro 11 Mens White Ice For Sale , a Swedish citizen working with the Chinese Urgent Action Working Group (China Action), was placed under "criminal compulsory measures," according to Chinese law, on suspicion of "endangering national security," media reported on January 13.
Dahlin, together with lawyers from the Beijing-based Fengrui Law Firm Cheap Air Jordan 11 GS Velvet Heiress Night Maroon For Sale , established an organization and had allegedly been receiving substantial funds from seven overseas organizations, the Xinhua News Agency reported Tuesday.
They set up over 10 "legal aid centers" in the Chinese mainland to train unlicensed lawyers and support a few petitioners to defame China and sensationalize social issues.
The organization, Joint Development Institute Limited, was established in Hong Kong in 2009 and failed to get mainland approval. The organization hired and trained others to gather, fabricate and distort information about China, providing "China's human rights report" to overseas organizations Cheap Air Jordan 11 Retro GS Heiress Black Gold For Sale , Xinhua reported.
Dahlin confessed that "almost all the reports came from online resources … I cannot guarantee the authenticity of the reports." He said that an unnamed overseas NGO required his organization to file at least 96 lawsuits against the Chinese government every year.
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