Bloomberg took a year end look at its 2014 top billionaires list to see who were the biggest winners and the biggest losers. In second place after Alibaba’s Jack Ma was Facebook’s Mark Zuckerberg, who made $11 billion this year and is now worth $36 billion. While Wall Street criticized the $16 billion acquisition of WhatsApp in 2014, the purchase of the fastest growing messaging service definitely has paid off. Zuckerberg has shown that he can make accretive acquisitions to extend his footprint, while Amazon’s Jeff Bezos has been less successful. The Amazon CEO has been spending to win, but with a loss of $8 billion this year, it is hard to see how those investments are paying off, at least in the short-term. Bezos, with a net worth of $28 billion is still doing okay, but 2014 wasn’t a stellar year for the retail giant that is Amazon.
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By far the biggest winner of the year was schoolteacher turned Chinese internet sensation Jack Ma. Before Alibaba came public, he was worth $3 billion, and now his net worth is $30 billion. Alibaba’s stock had its opening price of $68, and closed recently at $106.