Amazon CEO Jeff Bezos Loses His Crown As World’s Richest Person

Amazon CEO Jeff Bezos Loses His Crown As World’s Richest Person

Amazon founder and Chief Executive Officer Jeff Bezos is no longer the world’s richest person after Amazon.com Inc. stock tumbled on Thursday. He has lost the title to Microsoft Corporation cofounder and fellow Washington state resident Bill Gates. His current fortune is worth USD 105.7 billion. Bezos lost the crown after shares of the biggest online retailer dropped 8.1 percent to USD 1,637 in extended trading at around 4.24 pm in New York. The new price of Amazon shares has brought the fortune of Bezos to USD 102.8 billion. Almost…

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