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Bezos tops record-setting Forbes list of billionaires

Bezos tops record-setting Forbes list of billionaires

Amazon founder and CEO Jeff BezosJeffrey (Jeff) Preston BezosNASA picks Elon Musk's SpaceX to build spacecraft for manned moon missions Harvard Business community backs alumna's discrimination lawsuit against Amazon Union leader: 'Amazon left no stone unturned' in unionization fight MORE has topped Forbes’s annual world’s billionaire list for the fourth consecutive year, Reuters reported.

This year’s billionaires are worth a combined $13.1 trillion, up from $8 trillion last year, according to Forbes. This year’s list has 493 newcomers, including dating app Bumble’s CEO Whitney Wolfe Herd. 

Tesla CEO Elon MuskElon Reeve MuskNASA picks Elon Musk's SpaceX to build spacecraft for manned moon missions Why does Bernie Sanders want to quash Elon Musk's dreams? Hillicon Valley: Intel heads to resume threats hearing scrapped under Trump | New small business coalition to urge action on antitrust policy | Amazon backs corporate tax hike to pay for infrastructure MORE comes in second on the list, jumping from the 31st spot last year. Rounding out the top five are LVMH CEO Bernard Arnualt, Microsoft founder Bill Gates and Facebook founder and CEO Mark Zuckerburg. 

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Investor and business tycoon Warren Buffet fell out of the top five for the first time in two decades. 

Amazon announced in February that Bezos will step down as CEO of the company and will transition to a role as executive chair of the company’s board. 

Andy Jassy, the current head of Amazon Web Services, will succeed Bezos as CEO of the company.