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Jeff Bezos is close to losing his title as the "richest man in the world"



Much of Bezos' wealth is tied to Amazon stocks. It holds approximately 57 million shares, or about 12% of the company. Its net worth lost about $ 3 billion after Amazon shares fell about 2% on Friday's trading. This is a sharp recovery from trading on Thursday, when it was up 9%.

Meanwhile, Gates has earned $ 17 billion so far, according to Bloomberg. It owns approximately 1% of Microsoft, up 40% this year. Amazon shares are up 17% year over year.

The two have to watch out for French billionaire Bernard Arnaud. He is the only other person on the Forbes list worth more than $ 100 billion. In July, Executive Director of Luxury Goods Manufacturer LVMH ( LVMHF ) briefly outpaced Gates' second place.

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1; CNN Business's Paul R. Lamonica contributed to this report.


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