Skip to content
Subscriber Only

Jeff Bezos Is Now the World's Second Richest Person

  • Amazon’s founder adds $10.2 billion to his net worth this year
  • Warren Buffett falls $4.7 billion from peak during Trump rally
Bloomberg business news

Jeff Bezos’ Strategy Pays Off as Amazon Surges

Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world’s second-richest person.

Bezos, 53, added $1.5 billion to his fortune as Amazon.com Inc. rose $18.32 on Wednesday, the day after the e-commerce giant said it plans to buy Dubai-based online retailer Souq.com. Bezos has a net worth of $75.6 billion on the Bloomberg Billionaires Index, $700 million more than Berkshire Hathaway Inc.’s Buffett and $1.3 billion above Ortega, the founder of Inditex S.A. and Europe’s richest person.