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The correlative conjunction “not....but” requires a parallel grammatical structure after “not” and “but.” Therefore, “not by…” has to be followed by “but by…” The corrected sentence is: Jeff Bezos' suggestion in a recent NYT interview that the world's richest be listed not by the fortunes they have amassed, but by the wealth they have created for others is an interesting take on the debate over rising inequality.
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