Bill Gates is worth $110 bn, tops Jeff Bezos as world's richest person

Bill Gates may have been helped in part by the Pentagon's decision to award a $10 billion cloud-computing contract to Microsoft.

This time it’s official.

Microsoft Corp. co-founder Bill Gates overtook Amazon.com Inc.’s Jeff Bezos as the world’s richest person on Friday, reclaiming the top ranking for the first time in more than two years.

Gates may have been helped in part by the Pentagon’s surprise decision announced October 25 to award a $10 billion cloud-computing contract to Microsoft over Amazon. Shares of Microsoft have since climbed 4 per cent, giving Gates a $110 billion fortune, according to the Bloomberg Billionaires Index. Amazon’s stock is down about 2 per cent since the announcement, putting Bezos’s net worth at $108.7 billion.

Gates,