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

Expat Voting Ban Legit, Liberal Government Argues Despite Promised Change

TORONTO — Allowing long-term Canadian expats to vote in federal elections is not a Constitutional requirement but a policy decision that Parliament has the right to make, the government plans to tell the country's top court.

Expat Voting Ban Legit, Liberal Government Argues Despite Promised Change

University Groups Try To Stave Off Offensive Costumes In Lead-up To Halloween

TORONTO — Geishas are out. Feathered headdresses are forbidden. And if you're planning to wear a Bill Cosby or Caitlyn Jenner costume, you may not be welcome at your Halloween party of choice.

University Groups Try To Stave Off Offensive Costumes In Lead-up To Halloween

World's Most Expensive Potato Chips Cost $11 A Piece, Come in Boxes of Five

In an attempt to create a special snack to go with their high quality beer, Sweetish brewery St. Erik's has created the world's most expensive potato chips.

World's Most Expensive Potato Chips Cost $11 A Piece, Come in Boxes of Five

Chinese Restaurant Adopts 'Pay What You Want' Policy, Loses $15,000 in a Week

A naive restaurant owner in Guiyang, China, who thought that appealing to people's inherent goodness would be a good way to attract customers to his new karst cave-themed restaurant, managed to lose over 100,000 RMB in just seven days.

Chinese Restaurant Adopts 'Pay What You Want' Policy, Loses $15,000 in a Week

World's Most Exclusive Social Network Charges Rich Snobs $1,000 a Month

Snobby rich kids sick of sharing the social media space with plebs can now sign up for the "world's most exclusive social network". It's even named after them and only costs $1,000 a month. What's not to like, right?

World's Most Exclusive Social Network Charges Rich Snobs $1,000 a Month

World’s Best Dressed Farmer Works the Fields Wearing Fancy Suit

The idea of wearing a suit in the fields started as a joke. One day, at the dinner table, his brother joked about farming in an elegant suit, but Kyioto took it seriously.