Jeff Bezos Becomes Second Richest Person On The Forbes 400, Ending Warren Buffett's 15-Year Reign

Soaring tech stocks upset the ranks of the richest 20 billionaires on The Forbes 400 this year, as #Amazon CEO Jeff Bezos and #Facebook CEO Mark Zuckerberg moved into the top five for the first time. Berkshire Hathaway’s Warren Buffett lost his spot as the second-richest person in the country for the first time in 15 years, and #Oracle Chairman Larry Ellison fell out of the top 3 for the first time since 2007.

The top 20 people on The 2016 Forbes 400 have a combined net worth of $813.5 billion, one-third of the total wealth all of 400 members of the list. Thirteen of the 20 made their own fortunes, and just two are women. While nearly one-third of the overall list got poorer over the past year, the every member of the top 20 got richer over the last year.

http://www.forbes.com/sites/katevinton/2016/10/04/jeff-bezos-becomes-second-richest-person-on-the-forbes-400-ending-warren-buffetts-15-year-reign/#5ed9d0b8387e