Amazon founder Jeff Bezos defeats Bill Gates, becomes world's wealthiest man for second time

In yet another misfortune for American business head honcho Bill Gates, Amazon founder Jeff Bezos has defeated Bill Gates and became a world's wealthiest man for the second time.

Bezos has added $8.7 billion to his wealth after Amazon released it's third quarter-earning report.

In a latest Forbes’ Real-Time Billionaire Rankings, Amazon founder top the list.

In spite of the fact that, Microsoft's stock likewise saw a 7 percent bounce however it wasn't sufficient to cut down Bezos' ranking.

Bezos recorded a net worth of $90.6 billion compared to $90.1 billion of Gates’ net worth by 10:15AM (7:45PM IST).

It was a horse race between the two giants but finally Jeff came out as a winner.