Jeff Bezos now world's second richest person - TechCentral


Jeff Bezos now world’s second richest person

Jeff Bezos

Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world’s second richest person.

Bezos, 53, added US$1,5bn to his fortune as rose US$18,32 on Wednesday, the day after the e-commerce giant said it plans to buy Dubai-based online retailer

Bezos has a net worth of $75,6bn (R978bn at the time of writing) on the Bloomberg Billionaires Index, $700m more than Berkshire Hathaway’s Buffett and $1,3bn above Ortega, the founder of Inditex and Europe’s richest person.

Amazon’s founder has added $10,2bn this year to his wealth and $7bn since the global equities rally began following the election of Donald Trump as US president on 8 November.

The rise is the third biggest on the Bloomberg index in 2017, after Chinese parcel-delivery billionaire Wang Wei’s $18,4bn gain and an $11,4bn rise for Facebook founder Mark Zuckerberg.

Bill Gates remains the world’s richest person … for now

Buffett, who’s added $1,7bn in 2017, has shed $4,7bn since his fortune peaked at $79,6bn on 1 March.  Ortega is up $2,1bn year-to-date.

Bezos remains $10,4bn behind Microsoft co-founder Bill Gates, the world’s richest person with $86bn (R1,1 trillion at the time of writing).  — (c) 2017 Bloomberg LP

  • Reported with assistance from Tom Metcalf and Spencer Soper

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