Interesting

$1.5 Billion Gain In A Day. Amazon's Jeff Bezos Becomes World's Second-Richest

Darpan News Desk IANS, 30 Mar, 2017 01:26 PM

Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world's second-richest person.

Bezos, 53, added $1.5 billion to his fortune as Amazon.com Inc. rose $18.32 on Wednesday, the day after the e-commerce giant said it plans to buy Dubai-based online retailer Souq.com.

Bezos has a net worth of $75.6 billion on the Bloomberg Billionaires Index, $700 million more than Berkshire Hathaway Inc.'s Buffett and $1.3 billion above Ortega, the founder of Inditex S.A. and Europe's richest person.

Amazon's founder has added $10.2 billion this year to his wealth and $7 billion since the global equities rally began following the election of Donald Trump as U.S. president on Nov. 8. The rise is the third biggest on the Bloomberg index in 2017, after Chinese parcel-delivery billionaire Wang Wei's $18.4 billion gain and an $11.4 billion rise for Facebook Inc. founder Mark Zuckerberg.

Buffett, who's added $1.7 billion in 2017, has shed $4.7 billion since his fortune peaked at $79.6 billion on March 1. Ortega is up $2.1 billion year-to-date. Bezos remains $10.4 billion behind Microsoft co-founder Bill Gates, the world's richest person with $86 billion.

Prev Next

MORE Interesting ARTICLES

Vegan Diet The Most Climate-Friendly But You Can Replace Beef With Chicken To Save The Climate

Even though vegan diet is the most climate-friendly, we can continue eating animal protein and still make a major contribution to the climate if we replace beef with poultry and eggs, and cut down on our consumption of milk and cheese, says new research.

Vegan Diet The Most Climate-Friendly But You Can Replace Beef With Chicken To Save The Climate

From 18 Ingredients To 12: A Look At Mcdonald's New Grilled Chicken Recipe Without Chemical Food

McDonald's says it's simplifying the recipe for its grilled chicken in the latest sign the chain is trying to keep up with changing tastes. Here's a look at the ingredient lists for the new grilled chicken, compared with the previous ingredient list:

From 18 Ingredients To 12: A Look At Mcdonald's New Grilled Chicken Recipe Without Chemical Food

More Tax On Alcohol Can Reduce Fatal Car Crashes

Making alcohol less affordable through increased state alcohol taxes could prevent thousands of deaths a year from car crashes, asserts a new study.

More Tax On Alcohol Can Reduce Fatal Car Crashes

Mom's Facebook Apology Garners Thousands 'Likes'

Alabama resident Kyesha Smith Wood's apology through a public post on Facebook for her daughter and stepdaughter's bad behaviour at a movie theatre has garnered much appreciation from all quarters.

Mom's Facebook Apology Garners Thousands 'Likes'

A Garden's Now More Than A Garden: Trying To Help The Planet (And Look Good Doing It)

From the biggest botanical gardens to the smallest backyard plots and terraces, there's a movement underway to make gardens work harder for the environment.

A Garden's Now More Than A Garden: Trying To Help The Planet (And Look Good Doing It)

Getting A Jump On Tomato Season: How To Time Indoor Planting Just Right

Occasional warm, spring-like breezes and longer hours of sunlight kindle an urge in me to plant tomatoes, starting them indoors, of course.