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Amazon CEO Jeff Bezos now world's second-richest person

By
Andrew V. Pestano
Amazon CEO Jeff Bezos attends a technology roundtable meeting hosted by Donald Trump at Trump Tower in New York on Dec. 14, 2016. Trump invited the heads of various technology companies and members of his future cabinet to discuss regulations. Pool photo by Albin Lohr-Jones/UPI
Amazon CEO Jeff Bezos attends a technology roundtable meeting hosted by Donald Trump at Trump Tower in New York on Dec. 14, 2016. Trump invited the heads of various technology companies and members of his future cabinet to discuss regulations. Pool photo by Albin Lohr-Jones/UPI | License Photo

March 30 (UPI) -- Amazon CEO Jeff Bezos has surpassed Berkshire Hathaway leader Warren Buffet to become the world's second-richest person with a net worth of $75.6 billion.

The Bloomberg Billionaires Index shows Bezos, 53, increased his fortune by $1.49 billion after Amazon.com Inc. stocks rose $18.32 on Wednesday, a day after the company announced it planned to buy Souq.com, an online retailer based in Dubai.

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Bezos now has about $700 million more than Buffett, who is valued at $74.9 billion, and $1.4 billion more than Amancio Ortega, the Spanish business tycoon who is valued at $74.2 billion who founded the Inditex multinational clothing company.

Bezos added $10.2 billion to his net worth in the past year. Microsoft co-founder Bill Gates remains the world's richest person with an estimated net worth of $86 billion.

Facebook CEO Mark Zuckerberg, who added $11.4 billion to his fortune in the past year for a total net worth of $61.4 billion, is the fifth-richest person in the world.

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