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Amazon CEO Jeff Bezos Becomes World's Fourth Richest Person With $6 Billion Gain
April 29, 2016 at 09:47
Jeff Bezos has toppled Mexico’s Carlos Slim as the world’s fourth-richest person. Again.
As my colleague Ryan Mac reports, Amazon announced better-than-expected earnings results, beating analyst expectations for profit. Amazon stock has risen 57% in the past year. The company reported an annual profit in 2015 following a net loss the year before. The ranks of the world’s wealthiest also had a shake up late Wednesday as Facebook's Mark Zuckerberg became the sixth richest person in the world. He gained $3.3 billion and grabbed the slot back f-rom Oracle founder Larry Ellison, who is worth $49.6 billion. Zuckerberg’s fortune is now estimated by Forbes at $50.8 billion. ...
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