Jeff Bezos just snuck past Warren Buffett to become the third-richest person on cultivate eroticismEarth.
The Amazon.com Inc. founder’s net worth was $65.05 billion Thursday, topping Buffett by $32 million on the Bloomberg Billionaires Index. With the gain, Bezos’s wealth has increased by $5.4 billion this year, marking a resurgence after it fell to as low as $43 billion in February amid turbulent global markets.
Most of Bezos’s wealth is tied to Amazon, which has benefited from robust demand for quick-turnaround delivery, cloud services and gadgets like the Kindle and Echo.
In April, the Seattle-based company posted its biggest-ever net income and said first-quarter sales climbed 28 percent, including a 64 percent rise at its cloud-computing division. The shares are up 54 percent since hitting a low of $482.07 on Feb. 9.
Bezos’s rise in the billionaire ranking has been helped by Buffett’s philanthropy. The Berkshire Hathaway Inc. chairman donated about $2.2 billion worth of stock this month in his annual gift to the Bill & Melinda Gates Foundation. Even so, the 85-year-old has still seen his net worth rise by $2.7 billion in 2016, with Berkshire’s Class A shares up 9.4 percent.
Bezos, 52, now lags only Spain’s Amancio Ortega, the Inditex SA founder who has a $73 billion fortune, and Microsoft Inc.’s Bill Gates, the world’s richest person, with $89 billion.
SEE ALSO: The 10 most jaw-dropping moments of the Republican ConventionBezos’s rank could climb higher. Carlos Kirjner of Sanford C. Bernstein & Co. set his Amazon price target at $1,000 in May, 34 percent above Thursday’s close of $744.43. With the stock at that price, Bezos’s fortune would be about $86 billion, just under Gates’s current level.
Our Contributors Pick Their Favorite Books of the YearHow Nina Howell Starr Tried to Sell The New Yorker on PhotosWhiting Awards Fellows Choose Their Most Influential BooksStaff Picks: Mary Beard, David Bowie, M.F.K. FisherThe Optimist’s Creed (Or, Donut Philosophy)Staff Picks: Cuppy, Cloverleaves, Captain Cunt by The Paris ReviewThe Answers to Our Illustration ContestThe Historically Complicated Sex Drive of William Byrd IIWhat Our Website Looked Like in 1996; Plimpton Says HiPeter MullerDoormat, or, A Story of Charity SeasonSandy Skoglund’s Collages Put the 1980s in a Sharp New LightThe Way We Were by Clare FentressWhat Our Website Looked Like in 1996; Plimpton Says HiHow Nina Howell Starr Tried to Sell The New Yorker on PhotosThe Optimist’s Creed (Or, Donut Philosophy)Our Winter Issue Is Here! Lish, Beckett, Lydia Davis, & MoreStaff Picks: Our Favorites from 2015Doormat, or, A Story of Charity SeasonThe Elliptical Life and Poetry of Etheridge Knight God help us all, Martha Stewart's truck is stuck in the snow Obama's official White House photographer is Insta This girl's bizarre bucket list can help everyone live their best life East Coast blizzard got you down? Cute animals in the snow are here to help. Someone stole $100,000 worth of blueberries and we need answers Google brings virtual reality directly to your web browser Critics heap praise upon 'Fifty Shades Darker' Amazon's Echo Tap gets the one feature it should have had all along All three new iPhones will have wireless charging, report claims Blizzard has millions asking: What the hell is thundersnow? Inside the murderous sibling rivalry of 'Guardians of the Galaxy Vol. 2' To regain advertiser trust, Facebook is tracking ads by the millisecond Namibia has joined Europe in mocking Trump and it's glorious Don't like your government? Just start a micronation like these 6 dudes Elizabeth Warren explained why #ShePersisted on 'The Daily Show' Even Martin Luther King Jr.'s daughter shared this Facebook post about how to resist Trump Photos of nightstands empower people with chronic illnesses Gordon Ramsay delivers Twitter food reviews with classic brutality Japan is rolling out these hilariously obvious signs to help clueless tourists 'For Honor' beta is free all weekend and it's totally worth checking out
3.5585s , 10195.5859375 kb
Copyright © 2025 Powered by 【cultivate eroticism】,Unobstructed Information Network