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With USD 142 billion net worth, Amazon's Jeff Bezos tops tally of world's richest people, Mukesh Ambani ranked 18th

With USD 142 billion net worth, Bezos tops the ranking of richest persons, according to Bloomberg Billionaires Index.

Edited by: India TV News Desk, New Delhi [ Updated: July 08, 2018 23:15 IST ]
With USD 142 billion net worth, Bezos tops the ranking of

With USD 142 billion net worth, Bezos tops the ranking of richest persons, according to Bloomberg Billionaires Index.

Jeff Bezos, founder, chairman and CEO of the world's largest online retailer, Amazon, has been declared the world's richest person. With USD 142 billion net worth, Bezos tops the ranking of richest persons, according to Bloomberg Billionaires Index. The next in line is Bill Gates with USD 94.2 billion. Gates is the co-founder of Microsoft, the world’s biggest software maker, and owns about 1 per cent of the Redmond, Washington-based company.

Facebook co-founder Mark Zuckerberg with USD 81.6 billion net worth has become the third richest person on the globe. He has overtaken Warren Buffett to sit at the third position in the global ranking of richest persons. Buffett is the chairman and largest shareholder of Berkshire Hathaway. The Omaha, Nebraska-based company owns Geico, Clayton Homes, and Dairy Queen, and has stakes in Coca-Cola and American Express.

Amancio Ortega is the fifth richest person, according to the Bloomberg index, with a net worth of USD 76.1 billion. Ortega owns 59 percent of Inditex, the world’s largest clothing retailer. The Arteixo, Spain-based company is the parent of Zara and eight other retail brands, and operates more than 7,400 stores. It had revenue of 25.3 billion euros ($29 billion) in the year to January 2018. Ortega also owns premium office and retail properties worldwide.

Meanwhile, Mukesh Ambani, Managing Director of Reliance Industries is at the 18th spot with a net worth of USD 39.6 billion.

It is  the first time when the top three slots of the wealthiest persons in the world have been occupied by global technology giants.

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