Amazon founder Jeff Bezos tops Warren Buffett, becomes the third richest person in th

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Amazon founder Jeff Bezos tops Warren Buffett, becomes the third richest person in th

Amazon founder Jeff Bezos tops Warren Buffett, becomes the third richest person in the world

Jeff Bezos just snuck past*Warren Buffett to become the third-richest person on Earth.

The*Amazon.com Inc. founder’s net worth was $65.05 billion Thursday, topping Buffett by $32 million on the Bloomberg Billionaires Index. With the gain, Bezos’s wealth has increased by $5.4 billion this year, marking a resurgence after it fell to as low as $43 billion in February amid turbulent global markets.



Image: Bloomberg


Most of Bezos’s wealth is tied to Amazon, which has benefited from robust demand for quick-turnaround delivery, cloud services and gadgets like the Kindle and Echo.*

In April, the Seattle-based company posted its biggest-ever net income and said first-quarter sales climbed 28 percent, including a 64 percent rise at its cloud-computing division. The shares are up 54 percent since hitting a low of $482.07 on Feb. 9. Read more...

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