Bezos is now the world’s fourth richest person, rising in the ranks past Mexican telecom billionaire Carlos Slim Helu, who has a net worth that Forbes pegs at $57.3 billion. Bezos is worth $9 billion less than legendary investor Warren Buffett, who maintains his rank as the world’s third richest person with a net worth of $68.5 billion.
According to report from Ryan Mac, Amazon announced better-than-expected earnings results, beating analyst expectations for profit. Amazon stock has risen 57% in the past year. The company reported an annual profit in 2015 following a net loss the year before.
The ranks of the world’s wealthiest also had a shake up late Wednesday as Facebook's FB +0.18% Mark Zuckerberg became the sixth richest person in the world. He gained $3.3 billion and grabbed the slot back from Oracle founder Larry Ellison, who is worth $49.6 billion. Zuckerberg’s fortune is now estimated by Forbes at $50.8 billion.
Credit: Forbes
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