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.
Have you read?
Most Wanted Luxury Hotels In The United States For Its Hi-End Travelers
Top 100 Best Executive Search Firms And Consultants That Dominate The Recruiting Business
The World’s Best Airlines For Business Travel In 2017
Best Websites For CEOs, Senior Executives, And entrepreneurs
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER
