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Jeff Bezos is world’s third-richest man

NEW YORK: Amazon founder and CEO Jeff Bezos has dislodged Warren Buffett as the thirdrichest person globally with an estimated worth of 653 billion at Thursdays market close says Forbes realtime wealth tracker
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New York, July 29

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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.

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“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.

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“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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