The Amazon.com Inc. founder’s net worth was $65.05 billion Thursday, topping Buffett by $32 million on the Bloomberg Billionaires Index. San Francisco: Jeff Bezos just snuck past Warren Buffett to become the third-richest person on Earth. 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. Bezos’s rise in the billionaire ranking has been helped by Buffett’s philanthropy. With the stock at that price, Bezos’s fortune would be about $86 billion, just under Gates’s current level.

Source: Mint July 22, 2016 07:42 UTC