In this 2014, photo, Amazon CEO Jeff Bezos introduces the new Amazon Fire Phone in Seattle. Bloomberg’s billionaire index shows Bezos moved past Warren Buffet to become the third richest person in the world on Thursday. (AP Photo/Ted S. Warren, File)

In this 2014, photo, Amazon CEO Jeff Bezos introduces the new Amazon Fire Phone in Seattle. Bloomberg’s billionaire index shows Bezos moved past Warren Buffet to become the third richest person in the world on Thursday. (AP Photo/Ted S. Warren, File)

Amazon’s Bezos moves past Buffett on world’s richest list

  • By Wire Service
  • Friday, July 22, 2016 8:55am
  • Business

Associated Press

NEW YORK — A rough day on Wall Street for Warren Buffett means Amazon’s Jeff Bezos is now the third richest person in the world.

Bloomberg’s billionaire index shows Buffett lost more than $754 million Thursday, thanks to a slide in shares of his company, Berkshire Hathaway. Bezos lost $136 million, but at the end of the day Bloomberg said his $65.1 billion net worth edged out Buffett’s $65 billion even.

Meanwhile, the world’s richest man became even richer Thursday. Bill Gates made nearly a half billion dollars to push his net worth past $89 billion.

Spanish retail clothing magnate Amancio Ortega remains in the No. 2 spot with $73.4 billion.

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