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