Jeff Bezos Tops Carlos Slim As The Fourth-Richest Person In The World (Again)
It's a head-to-head race between Amazon.com, Inc. (NASDAQ: AMZN)'s Jeff Bezos and America Movil SAB de CV (ADR) (NYSE: AMX)'s Carlos Slim Helú for the world’s fourth-richest person spot. And it looks like, once again, Bezos is ahead.
Following Amazon's top and bottom line beats, Bezos' net worth ascended to roughly $60 billion. On the other hand, Slim's wealth fell to $55 billion this week, after shares of his company tumbled on an earnings miss, shrinking profit margins in Mexico and declining EBITDA.
Related Link: The Most Important Figures In Amazon's Q1 Report
While Bezos made about $6 billion on his firm's earnings call, Slim lost about $3.4 billion, which helped the former beat the latter in terms of net wealth. The chart below illustrates the year-and-a-half long race the two billionaires have been running. Bezos' fortune passed Slim's for the first time in November 2015; however, in February, the Mexican businessman displaced him once again.
Another tech entrepreneur who saw his wealth spike recently was Mark Zuckerberg, who made $3.6 billion off Facebook Inc (NASDAQ: FB)'s financial results. Zuckerberg is now the eighth-richest person in the world with $51 billion.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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