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Last Updated: Thursday, October 1, 2026 at 05:50 PM
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Amazon's Bezos Moves Past Buffett to Become World's Third Richest Man

A rough day on Wall Street for Warren Buffett means Amazon' s Jeff Bezos is now the third richest person in the world.
Amazon President, Chairman and CEO Bezos speaks at the Business Insider's "Ignition Future of Digital" conference in New York City
Amazon President, Chairman and CEO Jeff Bezos speaks at the Business Insider's "Ignition Future of Digital" conference in New York City December 2, 2014. REUTERS/Mike Segar

A rough day on Wall Street for Warren Buffett means Amazon's Jeff Bezos is now the third richest person in the world.

Bloomberg's billionaire index shows Buffett lost more than $754 million on Thursday, thanks to a slide in shares of his company, Berkshire Hathaway. Bezos lost $136 million, but at the end of the day Bloomberg said his $65.1 billion net worth edged out Buffett's $65 billion even.

Meanwhile, the world's richest man became even richer Thursday. Bill Gates made nearly a half billion dollars to push his net worth past $89 billion.

Spanish retail clothing magnate Amancio Ortega remains in the No. 2 spot with $73.4 billion.