Amazon CEO Jeff Bezos has lost his first position in the list of world’s richest persons. According to Forbes, Bezos fell to no.2 leaving the no.1 spot to Microsoft Co-founder Bill Gates.
As Forbes list of the world’s richest person got released on this October 25th, 2019, Amazon CEO Jeff Bezos dropped out of first place.
Briefly, Microsoft Co-founder grabbed the top spot when Q3 results stated that Mr. Bezos loosed nearly $7 billion in stock value.
Later, Amazon shares fell 7 percent in after-hours trading on Thursday. This left the CEO of Amazon net worth down to $103.9 billion. Meanwhile, Mr. Gates managed with a net worth $105.7 billion.
It should be noted, that Bill Gates has debuted on Forbes’s first-ever billionaire list in 1987 with a net worth of $1.25 billion and ruled the charts as the first world’s richest person for 24 years.
