Jeff Bezos to become world’s second richest with Amazon surge

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Amazon.com Inc. CEO and founder Jeff Bezos talks speaks Tuesday, May 25, 2010, at the annual Amazon.com Shareholders Meeting in Seattle. Bezos took questions from shareholders on topics that ranged from the Kindle book-reading device to the company's efforts to sell products with reduced packaging in efforts to lower shipping costs and be more environmentally friendly. (AP Photo/Ted S. Warren)

Jeff Bezos has jumped past Amancio Ortega and Warren Buffett to wind up noticeably 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 internet business goliath said it plans to buy Dubai-based online retailer Souq.com.Bezos has a total assets 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 originator of Inditex SA and Europe’s richest person .

Amazon’s owner has added $10.2 billion this year to his riches and $7 billion since the worldwide values rally started taking after the decision of Donald Trump as US president on November 8. The ascent is the third greatest on the Bloomberg file in 2017, after Chinese bundle conveyance extremely rich person Wang Wei’s $18.4 billion pick up and a $11.4 billion ascent for Facebook Inc. author Mark Zuckerberg.

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

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