+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Amazon CEO Jeff Bezos is now the second richest man in the world

Mar 30, 2017, 02:48 IST

Amazon founder and Washington Post owner Jeff Bezos delivers remarks during the opening ceremony of the media company's new location January 28, 2016 in Washington, DC. Bezos purchased the newspaper and media company in October of 2013 from the storied Graham family.Chip Somodevilla/Getty

Amazon CEO Jeff Bezos is now the second richest man in the world after overtaking Amancio Ortega and Warren Buffett, according to Bloomberg's Billionaires Index.

Advertisement

Amazon's stock price has rocketed 50% in the past 12 months, adding to the net-worth of its largest shareholder, founder Jeff Bezos. The Amazon founder is now worth $75.6 billion, according to Bloomberg, surpassing Berkshire Hathaway CEO Warren Buffet ($75.5 billion) and Amancio Ortega, chairman of Inditex fashion group ($74.1 billion).

Bill Gates is still the richest man in the world with a net-worth of $86 billion.

Amazon has been on a roll lately, crushing numbers with Amazon Web Services (AWS) and Amazon Prime. One analyst sees the company being worth $1 trillion in the not too distant future.

Click here for a real-time Amazon chart.

Advertisement

Markets Insider

NOW WATCH: 7 mega-billionaires who made a fortune last year

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article