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The dip in profit is a 77 per cent drop from 7 million this time last year, and it's mainly due to Amazon’s aggressive investments in its own business.

The increase has led to an additional .5 billion for his personal net worth, surging him to the top of the billionaires list from his starting position of fourth where he began this year.

He currently has a net worth of £55.2bn that is set to rise with Facebook’s profit on the up. Carlos Slim Helu Carlos Slim Helu is Mexico’s richest man.

He and his family control America Movil, the biggest telecom firm in Latin America. Larry Ellison Larry Ellison is the co-founder of Oracle, a tech company specializing in developing and marketing software to create databases. Charles Koch Another American to grace the rich-list, Charles Koch is CEO of Koch Industries, the US’s second largest private company.

THE boss of Amazon has been ousted as the world's richest person after less than a day as the online firm's stock dropped and Bill Gates took back the top spot with his bn fortune.

Jeff Bezos’s wealth peaked at £69.5billion after the online retailer’s shares soared in early trading.Amazon's diverse portfolio, which includes apparel and groceries, is helping boost its market projections, but investors are keeping an eye out for an increase in the company's subscription-based services.