fbpx

News

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.


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

Mindy Wright

Mindy WrightVerified account

Senior editor at CEOWORLD magazine
Philadelphia native Mindy is passionate about creating lists about anything and everything. She recently moved to New York. Mindy is a frequent keynote speaker at prestigious conferences and universities in the United States and the United Kingdom.Her favorite Quote: "It's a funny thing about life; if you refuse to accept anything but the best, you very often get it!” Voracious reader. Writer + Editor + Philly girl.
Mindy Wright

Leave a Reply

Share
Tweet
Share
Email