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Bezos Overtakes Slim as World's Fourth-Richest on Amazon Rally

  • Amazon founder's net worth has more than doubled in 2015
  • Carlos Slim was the world's richest person until May 2013

Bezos Passes Slim to Become World's Fourth Richest

Jeff Bezos has edged past Carlos Slim to become the world’s fourth-richest person, buoyed by a 113 percent rally this year in Amazon.com Inc.

The 51-year-old founder of the world’s largest online retailer passed the Mexican telecommunications tycoon Tuesday after Amazon rose $4.19 by the close of trading in New York. Bezos commands a fortune of $58.2 billion, according to the Bloomberg Billionaires Index. Slim, who was the world’s richest person as recently as May 2013, is now ranked fifth with $57.2 billion. He’s lost $15.4 billion in 2015, more than any other billionaire on the index.