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Jeff Bezos Can Lose $20 Billion And Still Be The World’s Richest Person!

Jeff Bezos

Jeff Bezos, founder and chief executive officer of Amazon.com Inc., lost a record-breaking $19.2 billion of his personal wealth over the past two trading days (Oct. 26 and Oct. 29) as Amazon’s stock plunged nearly 14 percent over the same period.

It was the most any rich person had ever lost in a two-day window. Bezos became, and remains, the richest person in modern history this year,

The dubious record held by Mark Zuckerberg, who lost $16.5 billion when his company missed earnings estimates in July.

Mark Zuckerberg held the previous record, set in July, who lost $16.5 billion when his company missed earnings estimates in July.

Despite the massive loss, Amazon billionaire Jeff Bezos is still comfortably the world’s richest person, with a net worth of $133 billion as of the end of October, roughly 40 percent greater than the $94.2 billion fortune of number two Bill Gates, the Microsoft Corp. co-founder.

The wealth gap between Bezos and Gates, the world’s second wealthiest person, stood at $38.8 billion.


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Mindy Wright

Mindy Wright

Deputy Commissioning Editor
Mindy Wright is CEOWORLD magazine's Deputy Commissioning Editor, and leads global newsroom coverage and management. She oversees and coordinates coverage of the news and ideas in partnership with writers across the continent. She has reported from more than 15 countries across Asia, Europe, Africa and the Americas. She has advised CEOs, investors, boards, and high-profile industry leaders on a wide range of issues impacting the global business landscape. She can be reached on email mindy-wright@ceoworld.biz. You can follow her on Twitter at @ceoworld.