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New York, July 29
Amazon founder and CEO Jeff Bezos has dislodged Warren Buffett as the third-richest person globally with an estimated worth of $65.3 billion at Thursday’s market close, says Forbes real-time wealth tracker.
Buffett’s worth has been pegged at $64.9 billion.
“Bezos has seen his fortune swell on Amazon’s success and the 52-year-old has surpassed Warren Buffett as the third-richest person on the planet,” Forbes said.
Amazon has reported robust second-quarter earnings, with the company posting a profit of $857 million, significantly up from $92 million a year ago.
“Revenue also jumped 31% to $30.4 billion, topping analyst estimates of $29.5 billion,” Forbes said.
Bill Gates remains the richest in the world with a net worth of $75 billion. Zara’s Amancio Ortega is the second-richest in the world with a net worth of $67 billion. — PTI
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