Business

Amazon CEO Jeff Bezos lost tittle of world richest man to Bill Gates.

Published

3 months ago

October 25, 2019

The360reporters

Reading Time: < 1 minute

325 Views

Amazon shares fell 7 per cent in after-hours trading on Thursday, leaving Jeff Bezos down to $103.9 billion.

Seattle: Amazon founder and CEO Jeff Bezos has lost the title as the world’s richest man, paving the way for tenacious Bill Gates to grab the top spot after Amazon’s lacklustre Q3 results resulted in Mr Bezos losing nearly $7 billion in stock value.
Amazon shares fell 7 per cent in after-hours trading on Thursday, leaving Mr Bezos down to $103.9 billion.

Microsoft co-founder Bill Gates is currently worth $105.7 billion.
However Gate has retained his title of the richest billionaire in world.

Up Next

Amazon boss Jeff Bezos regains tittle of world richest man fews hours after loosing it to Bill Gate.

Don't Miss

EUROPE’S anti-refugee policies have reached new depths,NGO charges.

The360reporters

Team the360reporters is aimed at providing useful and valuable information such as News, entertainment updates, Job Updates, articles and many more, to the audience.