Bezos Bursts Above Buffett To Become World's Second Richest Man

Tyler Durden's picture

On the heels of the melt-up in US mega-cap tech stocks, Amazon founder Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world’s second-richest person.

 

 

As Bloomberg reports, the 53-year-old founder of Amazon.com Inc. added $1.5 billion to his net worth on Wednesday, the day after the e-commerce giant announced it will buy Dubai-based online retailer Souq.com, and has added over $7 billion since the global equities rally began following the election of Donald Trump as U.S. president on Nov. 8.

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

If AMZN topped $1000 - while MSFT flatlined - Bezos would take Gates.

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X- x3's picture

...dick,

....playin' with yourself or fantisizing?

Déjà view's picture

Did AMAZON ever make a profit...hmmmmm...

VD's picture

not in its first 80 quarters it didn't. this kind of inequality is destroying humanity, literally.

J S Bach's picture

Don't give a shit about how "rich" the SOB is.  What matters is that recently he bowed to pressure from the (((culture distorters))) and BANNED hundreds of truth-telling books from being sold on Amazon.  Never forget that when guillotine time comes again.

UselessEater's picture

Book Burning Bezo

http://barnesreview.org/amazons-banned-book-full-list/

Although every hateful Zionist book targeting Palestinians with hate speech and violence continues to be sold by Amazon, along with Simcha Jacobvici’s DVD The Lost Tomb of Jesus, denying the resurrection of Christ, and every gentile-hating volume by the collective authors (Chazal) of the Talmud Bavli.

HenryKissingerChurchill's picture

Book Burning Bezo
so, is he a Jew or is he another minion of the tribe?

biff_rapper's picture

Uh, denying the holocaust is pretty absurd.

J S Bach's picture

Believing jews who burn books that don't fit their illusions is more absurd.  Ask yourself... what are they afraid of?  They allow every other possible form of filth from pornography to blasphemy, but analyzing the holohoax honestly is off limits.

small towel's picture

These rich-lists are a fiction to deflect attention from our drug-dealing, human trafficking, thieving Oligarchical monsters.

X- x3's picture

Richest >>>>

VATICAN....

Bauer-Red shields-Rothschilds....

.....at 99,

Bush Crime Syndicate....

....at 1001

& trying harder, BillHill Cleptocratic-Clitcum....

X-

 

moorewasthebestbond's picture

That... and twice-daily doom porn.

Iconoclast's picture

Cool, and there's your lesson millennials; come up with an idea that'll kill jobs, whilst never making a profit and you too can be a zillionaire.

LA_Goldbug's picture

You have nailed it.

I just don't think the millennials will understand the deep meaning of what you have written. They will get it once they hit 40 though and have a hard look around to see where they are in Life.

DirtySanchez's picture

Can he spend it while lying face down in a gutter, with a large caliber bullet to the head, and his brains splattered all over the wall?
Does Amazon deliver, is Washington Post delivered and read in hell?

logicalman's picture

The Red Shield guys never seem to show up on rich lists, for some odd reason.

GRDguy's picture

Same as snakes; you don't usually see snakes when hiking the desert;

just their paths left in the sand. But that's enough to be wary where you step.

Ital Scratch's picture

Hmmm, no bankers family patrician/donna on that list? Bullshit.

dvfco's picture

They've all jumped off high buildingso or offed themselves with multiple nail gun shots to the skull.

 

CHX13's picture

Only in Zimbamerica!

Davidduke2000's picture

bezos wealth is like owning few paintings by famous artisits , in crunch time they will be worth nothing. amzn is a souflé that would collapse to zero in a depression.

falak pema's picture

Both Gates and Bezos are part of the Clean Energy Alliance...BEV.

https://www.forbes.com/sites/kerryadolan/2016/12/12/bill-gates-launches-...

roddy6667's picture

Worth billions by running a company that loses millions. Surely, we live in Bizarro-Land now.

jamesmmu's picture

Will this mark the peak of the market? for this decade

pc_babe's picture

You know its bubble-time when the guy who runs the lowest profit margin business at the rodeo commands the 2nd highest net worth ranking

Beam me up, Jeff

Rich Monk's picture

Compared to the Trillionaire families out there?

Joe Cool's picture

Come on Tyler(s)....Is this a joke?

wdg's picture

The Banksters such as the Rothschild Crime Syndicate are worth tens of trillions siphoned off using the greatest system of plunder and theft known to mankind: central and fractional-reserve banking. Hey...they own the Federal Reserve which creates dollars by the trillions out of thin air and just about every cenral bank in the western world. Bezo and Buffet the clowns are bit players who sold their souls to the real money out there. 

chilller's picture

He is making money all right but not on Amazon retail...it's always in the red. It's the data centers that hold all that info the spy agencies collect as well as handle on-line activity. In case you haven't noticed, data centers are popping up all over and Amazon is aggressively taking the lead.

shrimpythai's picture

the Rothchilds are never ON the list as they are so far above it - maybe a couple other families

Yes_Questions's picture

 

 

Just another middle manager.

Madcow Kaczynski's picture

Silly posters...They said the richest HUMANS!!

Bwahahahaha

HenryKissingerChurchill's picture

can Bezos PRINT Money? NO, he can just get free money from the governments, like TESLA.

the trillions of the families like the Rothschilds cannot simply be measured because they fücking PRINT money, hence you cannot have any idea of what amounts of money they choose to summon any day

Last of the Middle Class's picture

Never underestimate what billions of government tax dollars can do. Along with nifty Nat Geo specials about colonizing Mars and MSM articles about wiring directly into the brain. This guy is a second rate carney running a company that makes electric cars that have an autopilot that does NOT work. Where the hell are the product liability lawyers on this company? For God's sake the autopilot does NOT work. Regardless of how he disclaims it, that piece of hardware and software are an ongoing menace to people walking down the street who decide NOT to buy one of those crappy cars.

cherry picker's picture

When they talk of 'net' worth, their fortunes are tied into the market.  How much would they be 'worth' after the market tumbles?

What about other rich dudes.  I remember Chapo Guzman was once on Forbes list, but because his earnings were all 'cash' not 'shares' and obtained through selling 'drugs' on the street, he was removed, but how many private indiviuals with immense 'real fortunes are not even considered?