Move over Bill Gates, the world has a new richest man

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Jeff Bezos is on track to become the world's richest person.

According to both Forbes and Bloomberg, Amazon stock opened up more than 8% higher Friday morning than Thursday's close, adding almost $7 billion to Bezos' net worth.

Bezos is the founder and largest stakeholder in Amazon, and his total net worth is greater than $83 billion, according to the Bloomberg Billionaires Index.

Amazon is behind Microsoft, and ranks as the world's fourth biggest company by market capitalization, however, with $528 billion as of1630 GMT. Amazon stock saw a spike in after-hours trading on Thursday after the company reported strong third-quarter earnings.

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Inc shares surged today, lifting its founder's net worth by US$7.8 billion to US$91.3 billion as of 10am in NY, according to the Bloomberg Billionaires Index. However, Bill Gates remained at the top position thanks to a 7 per cent spike in Microsoft's stock overnight.

Bezos briefly dethroned Gates once before, on July 27, when his net worth topped $90 billion because of a temporary surge in Amazon stock. Gates owned 103 million shares as of September, according to FactSet.

Jeff Bezos has been on the Forbes list of the richest billionaires since 1998, a year after his e-commerce giant went public. Bezos has said he wants to give more money to charity.

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