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Jeff Bezos

A surge in Amazon stock following the company's third-quarter earnings report, has increased CEO Jeff Bezos' net worth by $6.4 billion, to $90.6 billion, officially making him the world's richest person.

Bezos displaced Microsoft cofounder Bill Gates, whose net worth is $88.5 billion according to Bloomberg data, and the new distinction could fuel his interest in furthering human progress through for-profit companies — efforts that could shift how the world's wealthiest think about philanthropy.