The founder and CEO of Amazon, Jeff Bezos, claimed the title of the richest man in the world hours after losing his seat to Microsoft co-founder Bill Gates.
Bezos, who ended his 24-year career as the richest man in the world in 2018 and became the first man on earth with a net worth of $ 160 billion, lost his place on Thursday, October 24 , after the poor results of the third quarter of Amazon, which earned him losing $ 7 billion of shares. Amazon shares fell 7% in off-calendar operations.
He returned to first place at the end of Friday's markets. Its shares fell by only 1% to $ 1,760.78, placing its net worth at $ 109.9 billion. Bill Gates currently has a value of $ 105.8 billion.
Bezos' brief slip Thursday was not entirely due to the fall of his shares in Amazon, as he would never have lost first place if his ex-wife, MacKenzie Bezos and himself had not divorced.
MacKenzie, 49, received a quarter of his property from Amazon in July. With a net worth of $ 32.7 billion, it is one of the 20 richest people in the world.
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