Amazon founder and CEO Jeff Bezos has dislodged Warren Buffett as the third richest person globally with an estimated worth of $65.3 billion at Thursday's market close, says Forbes real-time wealth tracker.
Buffett's worth has been pegged at $64.9 billion. "Bezos has seen his fortune swell on Amazon's success and the 52-year-old has surpassed Warren Buffett as the third richest person on the planet," Forbes said. Amazon has reported robust second-quarter earnings, with the company posting a profit of $857 million, significantly up from $92 million a year ago. "Revenue also jumped 31 per cent to $30.4 billion, topping analyst estimates of $29.5 billion," Forbes said. Expectedly, the stock has climbed, notching up 11 per cent gains this year and 41 per cent over the last 12 months. Bill Gates remains the richest in the world with a net worth of $75 billion. Zara's Amancio Ortega is the second richest in the world with a net worth of $67 billion. Making clear its intention, Amazon recently announced plans to invest an additional $3 billion in its India operations.
