"Clouds" helped the head of Amazon soar to fourth place in the list of the richest people in the world

Last year, Amazon CEO Jeff Bezos took first place in the Harvard Business Review Executive Rankings. On October 13, Megamind reported that Bezos left the leadership position this year, leaving immediately for 87th place. The first place is now taken by the head of the pharmaceutical company Novo from Denmark, Lars Sorensen. Second and third places are taken by Cisco Systems CEO John Chambers and Inditex CEO Pablo Isla.

Source: secuteck.ru

However, Jeff Bezos has not yet been destined to be an outsider: the rapid growth of Amazon quotes has allowed the head of the company to take fourth place in the list of the richest people on the planet. In the first position remains Microsoft founder Bill Gates (Bill Gates), whose fortune is estimated at $ 83.1 billion. It is followed by Spanish businessman Amancio Ortega, founder of the Zara clothing retailer , and investor Warren Buffett with financials of $ 72.7 and $ 62 billion, respectively.

This favor of Jeff Bezos was shown by the Bloomberg index of billionaires - Bloomberg Billionaires Index . It is updated daily based on the valuation of assets owned by entrepreneurs.

According to Bloomberg, Amazon’s founder and CEO grew to $ 56.7 billion thanks to an increase in the value of the Internet company's securities by $ 4.19. Since the beginning of the year, Amazon quotes jumped 113%, which was largely facilitated by the company's cloud business.

In the third quarter of 2015, the revenue of the Amazon Web Services ( AWS ) division amounted to $ 2.09 billion, which is 15% and 78% more than a quarter and a year ago, respectively. In addition, Amazon's cloud business has become five times more profitable. AWS promotes many different cloud services: file hosting, virtual server rental, providing computing power and others.

Over the past year, Amazon’s cloud business has grown to $ 7 billion, making AWS the largest player in this market. It is expected that by 2020 it will grow to $ 50 billion. Competitors Oracle and Salesforce.com forecast $ 5 billion in cloud sales each in 2015.

Thanks to high AWS performance, Jeff Bezos’s fortune increased by 103.5% in 2015. This is the largest increase among all 400 participants in the Bloomberg Billionaires Index.

Jeff Bezos was richer than Mexican telecommunications tycoon Carlos Slim, whose fortune this year fell by $ 15.4 billion to $ 56.6 billion. In May 2013, Slim was the richest man on the planet according to Bloomberg, and now he is in fifth place.