 "Bezos displaces Slim as fourth richest person")
Jeff Bezos has toppled Mexico's Carlos Slim as the world's fourth-richest person.
The net worth of the 52-year-old Amazon.com Inc. founder rose to $60 billion as the online retailer's shares jumped 13 per cent in extended trading. Amazon posted first-quarter sales and earnings that topped analysts' estimates and pushed shares as high as $683 from a close of $602.
Carlos Slim's fortune fell $3.4 billion to $55 billion Thursday when his phone company America Movil SAB plunged the most in eight years after saying profit margins in Mexico continued to shrink.
The gain for Bezos tops the $3.6 billion rise for Facebook Inc. Chief Executive Officer Mark Zuckerberg Thursday. Zuckerberg's jump came after a strong first-quarter earnings report from the world's largest social network that pushed the shares to a record. He's the world's eighth-richest person with $51 billion.
The net worth of the 52-year-old Amazon.com Inc. founder rose to $60 billion as the online retailer's shares jumped 13 per cent in extended trading. Amazon posted first-quarter sales and earnings that topped analysts' estimates and pushed shares as high as $683 from a close of $602.
Carlos Slim's fortune fell $3.4 billion to $55 billion Thursday when his phone company America Movil SAB plunged the most in eight years after saying profit margins in Mexico continued to shrink.
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Bezos passed Slim for the first time in November 2015 and ceded the position to him again in February.
The gain for Bezos tops the $3.6 billion rise for Facebook Inc. Chief Executive Officer Mark Zuckerberg Thursday. Zuckerberg's jump came after a strong first-quarter earnings report from the world's largest social network that pushed the shares to a record. He's the world's eighth-richest person with $51 billion.