Amazon’s Jeff Bezos Just Moved Up On a Major List

November 11, 2015, 4:53 PM UTC
Amazon founder and CEO Jeff Bezos
SEATTLE, WA - JUNE 18: founder and CEO Jeff Bezos presents the company's first smartphone, the Fire Phone, on June 18, 2014 in Seattle, Washington. The much-anticipated device is available for pre-order today and is available exclusively with AT&T service. (Photo by David Ryder/Getty Images)
Photograph by David Ryder — Getty Images

Jeff Bezos, the founder of online retail giant Amazon, is now the fourth richest person in the world, according to Bloomberg.

The retail leader overtook Mexico’s Carlos Slim after Amazon’s (AMZN) stock price skyrocketed this year.

The latest increase in Amazon’s stock value means Bezos is now worth $58.2 billion according to Bloomberg’s index of world billionaires. Slim, meanwhile, is only worth $57.2 billion. Slim’s worth has fallen by around $15 billion this year.

The three people above Bezos are Microsoft (AMZN) co-founder Bill Gates, Spanish clothing retailer Amancio Ortega, and billionaire investor Warren Buffett.

This isn’t the only wealth list Bezos has climbed this year, Bloomberg notes. He also recently passed Charles and David Koch—leaders of Koch Industries and notorious Republican Party donors—to clinch third place on Bloomberg’s list of the richest people in the United States, coming in behind Gates and Buffett.

Amazon’s share price has risen 116% this year, climbing from around $310 a share to around $670 a share.

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