Amazon’s stock price has rocketed 50% in the past 12 months, adding to the net-worth of its largest shareholder, founder Jeff Bezos. The Amazon founder is now worth $US75.6 billion, according to Bloomberg, surpassing Berkshire Hathaway CEO Warren Buffet ($US75.5 billion) and Amancio Ortega, chairman of Inditex fashion group ($US74.1 billion).
Bill Gates is still the richest man in the world with a net-worth of $US86 billion.
Amazon has been on a roll lately, crushing numbers with Amazon Web Services (AWS) and Amazon Prime. One analyst sees the company being worth $US1 trillion in the not too distant future.