Wednesday, October 16, 2019

Amazon’s Bezos Moves Past Buffett on World’s Richest List

By on July 22, 2016

FILE - This June 4, 2014, file photo, shows Amazon boxes in Phoenix. Amazon reports financial results Thursday, April 28, 2016. (AP Photo/Ross D. Franklin, File)

(AP Photo/Ross D. Franklin, File)

NEW YORK – A rough day on Wall Street for Warren Buffett means Amazon’s Jeff Bezos is now the third richest person in the world.

Bloomberg’s billionaire index shows Buffett lost more than $754 million Thursday, thanks to a slide in shares of his company, Berkshire Hathaway. Bezos lost $136 million, but at the end of the day Bloomberg said his $65.1 billion net worth edged out Buffett’s $65 billion even.

Meanwhile, the world’s richest man became even richer Thursday. Bill Gates made nearly a half billion dollars to push his net worth past $89 billion.

Spanish retail clothing magnate Amancio Ortega remains in the No. 2 spot with $73.4 billion.

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