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Amazon CEO Jeff Bezos is now the second richest man in the world after overtaking Amancio Ortega and Warren Buffett, according to Bloomberg's Billionaires Index.

Amazon's stock price has rocketed 50% in the past 12 months, adding to the net-worth of its largest shareholder, founder Jeff Bezos. The Amazon founder is now worth $75.6 billion, according to Bloomberg, surpassing Berkshire Hathaway CEO Warren Buffet ($75.5 billion) and Amancio Ortega, chairman of Inditex fashion group ($74.1 billion).

Bill Gates is still the richest man in the world with a net-worth of $86 billion.

Amazon has been on a roll lately, crushing numbers with Amazon Web Services (AWS) and Amazon Prime. One analyst sees the company being worth $1 trillion in the not too distant future.

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