Jeff Bezos loses his seat of World's Richest Man

AMAZON FOUNDER JEFF BEZOS, LOSES HIS CROWN OF HIS WORLD'S RICHEST MAN IN THE WORLD.

Jeff Bezos the owner of Amazon company and was the Richest man in the World had lost his place.

Amazon loses his position after Amazon shares fells 7% in after - hours trading on Thursday.

According to Forbes, Jeff Bezos fortune came down to 103.9billion US dollar, approx 73,78,22,99,20,000 rupees, that puts him in the Second position on the Richest person in the World.

On Thursday after Amazon shares fell nearly 9 percent in after - hours trading.

Bezos become World's Richest Man in the World in 2018, and he is the Ist Centibillionaire in the World.

In Thursday's after-hours trading, the stock dropped as much as 10%, making for one of its worst earnings losses in years.

As a result, Bezos lost about $7 billion in stock value on Thursday.

It is worth noting that in 2019, Bill Gates' fortune is up by $16 billion already, thanks to both Microsoft’s rising fortunes and his investments across a variety of other stocks. 

Amazon reported a 26% drop in net income in its third-quarter result. 

In after-hours trading, the shares dropped nearly 9% to $1,624 per share in the 20 minutes after the market closed. 

If Bezos didn't give his half of his Company share to his Ex. Wife Mackenzie Bezos and didn't transferred a quarter of Amazon Stake for his divorce settlement, then he will be still the Richest Man.

Mackenzie Bezos now worth USD 32.7 billion, becoming one of the Top Twenty Richest people in the World.

Gates has been out of Microsoft since 2014 when he stepped down as chairman of the company, though he remains a board member. 

He has sold or given away the majority of his Microsoft stake and diversified his wealth over time. 

He is currently the co-chairman of the Bill & Melinda Gates Foundation, the largest private charitable foundation in the world.

Gates debuted on Forbes’ first-ever billionaire list in 1987 with a net worth of $1.25 billion while Bezos first joined The Forbes 400 list of richest Americans in 1998, one year after Amazon went public, with a net worth of $1.6 billion. 

Powered by Success Beater.
Our Youtube Channel - Success Beater.

For Business enquiry contact us on - rp2643170@gmail.com .