- Index hide
American businessman Jeff Bezos saw his wealth cut in 18 billion dollars.
Amazon also reported losses of $7.6 billion from its investment in electric car startup Rivian.
For Bezos this is a huge blow since he peaked at $210 billion last year.
The list of the richest men in the world continues to be updated, where Jeff Bezos, owner of Amazon fell to number three, after his company’s shares plunged following a downbeat earnings report.
According to data from Statista the online commerce retailer’s revenue trended upwards throughout the period, so that in 2021 they were above 469,000 million dollars.
The richest in the world
American businessman Jeff Bezos saw his wealth cut in 18 billion dollars this Friday, April 29, for which he fell to number three among the richest personalities in the world.
According to Forbes, this Friday, Bezos’s net worth was valued at $152.3 billion, down from $170.5 billion the day before.
Likewise, the media indicates that Bezos ranks third among the richest in the world, behind number two. Bernard Arnault, the French luxury magnate whose current net worth is estimated at $159.8 billion.
While number one is the richest man in the world, Tesla CEO Elon Musk, who acquired Twitter for $44 billion, whowho has a net worth of 260 billion dollars.
Amazon Wealth and Jeff Bezos
For Bezos this is a huge blow since he peaked at $210 billion last year, which made him the richest person in the world at the time.
Recall that the Amazon founder was divorced in 2019 from MacKenzie Scott, his college sweetheart, who took 25 percent of his Amazon stock in a deal. Where Scott’s net worth too was reduced by Friday’s loss to Amazon, falling $5 billion to $37.7 billion.
Bloomberg News highlights that Bezos’s net worth has been discounted by $57 billion. Before Thursday, Bezos’s wealth had already plummeted more than 23 percent so far this year, as Amazon shares were hit by the post-pandemic slowdown in online spending, as well as rising labor costs and high inflation rates.
Amazon also reported a loss of $7.6 billion from its investment in electric car startup Rivian, which lost half its value in the quarter. Rivian’s losses for the quarter totaled $3.8 billion.
Now read:
Ricardo Salinas shows his office and cardboard box betrays ordinary habit
Foreigners ask for quality in tortillas from Bodega Aurrerá for “mouse bite”
WhatsApp updates its states with a new function; What is it about?