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For a few hours Thursday, Amazon’s Jeff Bezos beat out Bill Gates to become the world’s richest man.

After the market opened Thursday, Amazon (AMZN) shares rose 3% to a peak of $1,083.31, driving Bezos’ net worth to $92.3 billion compared to Gates’ $90.8 billion as of Wednesday’s close, according to the Bloomberg Billionaires Index. By Thursday afternoon, Bezos was back in second place as Amazon shares slid 0.7% and dropped further after its earnings disappointed investors.

Bezos has executed a meteoric rise up the billionaires list, a testament to the growing might and wealth of the Seattle company he runs.

Microsoft co-founder Gates, 61, has held the top place in the billionaire list since May 2013. Just a year ago Bezos, 53, was No. 5 on the list. In March, he surpassed Warren Buffett of investment conglomerate Berkshire Hathaway as the No. 2 wealthiest.

But on Thursday their places swapped, boosted by Bezos’ 17% stake in Amazon shares, which have rallied 40% in the last year on Amazon’s domination in both cloud computing and e-commerce.

Unlike many of the world’s richest people, Bezos has not signed the Giving Pledge, a campaign launched in 2010 by Buffett and Gates to encourage the world’s wealthiest people to contribute the majority of their money to philanthropic efforts.

More than 150 have done so, including many in the tech elite including Oracle co-founder Larry Ellison, Facebook co-founder Mark Zuckerberg and his wife Priscilla Chan, and Tesla CEO Elon Musk.

Bezos maintains a web site listing some of his philanthropic investments at Bezos Expeditions.

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Young Osu Guy Named “Cash” Kicks Off 2019 With A Brand New Car | PHOTO

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CASH, A young osu based guy who has been working very hard since last year surprisingly has kicked off osu by getting himself a brand new car.

This surprise came up just this afternoon after he posted a photo of him by his car.

Famously know as “Cash” he was able to get his name on the car as its number plate whereby he was seen by his car.

He got himself a 2015 Hyundai which costs about $15,300.

See photo of cash and his car below.

 

 

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Czech Republic Offers Nigerians 4,000 Euros To Leave Their Country

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The government of Czech Republic has offered to pay Nigerians and other migrants €4000 (1.6m) to encourage them to leave their country and return to their homes.

A report by RemixNes, a Czech-Republic based newspaper, the offer is under a programme that focuses particularly on migrants from Afghanistan, Iraq, Nigeria, Mongolia, Russia, and Vietnam that wish to voluntarily leave their country.

The programme tagged ”Returns” established by the Czech Interior Ministry would assist immigrants with transportation costs and integration in their country of origin, including accommodation, household equipment or domestic animal expenses.

”Anyone who voluntarily leaves the country and promises not to return not only to the Czech Republic but to the EU will be eligible for the money. Allocation for the program amounts to 60 million CZK, 75 percent is to be covered from the European Asylum, migration and integration fund. Each individual could get funds ranging between 40,000 and 100,000 CZK. First funded returns should be processed in the third quarter of 2019.” the report read.

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Huawei’s New Campus In China Looks Like A Big European City And Can House 25,000 Employees | PHOTOS

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Tech giant Huawei‘s massive new campus, which is designed to look like a group of European cities, has left people in awe.

The campus in the Chinese city of Dongguan recreates a wide swathe of Europe, from faux Italian towers to artificial lakes and classical palaces. It also has its own tram system.

The campus is split into 12 “towns,” which are areas where employees work. Each town is named after a European city. There are towns including Paris, Granada, Verona, and Bruges.

 

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The campus is still being built. So far 8 out of the 12 towns have been completed.

The nine square kilometer facility can house up to 25,000 employees. 17,000 employees are currently located on the campus. There are over 50,000 employees at Huawei’s Shenzhen headquarters.

Huawei’s Dongguan campus is so big that a tram operates to transport employees between different towns. There’s also a bridge that connects the different parts of the campus on different sides of the lake. The bridge is a replica of the Freedom Bridge in Budapest, Hungary, CNBC reports.

More photos below.

 

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