Amazon founder Jeff Bezos regains top spot as world's richest man
World | October 26, 2019 13:01 ISTAmazon founder and CEO Jeff Bezos, after briefly losing the top spot as the world's richest man to Bill Gates, regained the position.
Amazon founder and CEO Jeff Bezos, after briefly losing the top spot as the world's richest man to Bill Gates, regained the position.
In after-hours trading on Thursday, Amazon stock dropped nearly 9 per cent to $1,624 per share on missing financial estimates. Amazon earnings fall for first time in more than two years.
Amazon shares fell 7 per cent in after-hours trading on Thursday, leaving Bezos down to $103.9 billion. Microsoft co-founder Bill Gates is currently worth $105.7 billion.
The finalisation of the divorce will make TV host Sanchez free to tie the knot with her billionaire boyfriend.
Amazon Founder Jeff Bezos was in the news after he surpassed Bill Gates, the billionaire founder of Microsoft, in 2018 and acquired the world's richest man title. Well, Gates, who reclaimed the world’s richest title for almost 20 years, is just $4 billion away from being richest again.
In the biggest single-day drop posted by US stocks this year, the world's richest man, Amazon founder Jeff Bezos saw the steepest decline of $3.43 billion.
Various NASA centres will partner with the companies -- which range from small businesses with fewer than a dozen employees to large aerospace organizations -- to provide expertise, facilities, hardware and software at no cost, the agency said in a statement on Tuesday.
Bezos was seeking people who could build and design large complex systems "in about one-third the time that most competent people think possible."
The Washington town where billionaire Amazon Founder and CEO Jeff Bezos and Microsoft co-founder and philanthropist Bill Gates live is running out of money, the media has reported.
Bezos said one of the things he learned since the Apollo programme is that there are deposits of water ice at the bottom of craters on the moon.
Sawhney was held on suspicion of misdemeanor trespassing and may face more serious charges.
Jeff Bezos and Mackenzie Bezos have four kids and the divorce process is expected to be completed in about 90 days.
The decision to divorce comes after a trial separation, according to a statement posted Wednesday on Jeff Bezos’ Twitter account. He and his wife both signed the announcement, which ended with a vow to remain “cherished friends.”
Amazon Founder Jeff Bezos is already the richest person on Earth, with a net worth surpassing $150 billion. He owns over 16 per cent of Amazon which he founded in a garage in Seattle in 1994.
With USD 142 billion net worth, Bezos tops the ranking of richest persons, according to Bloomberg Billionaires Index.
Bezos' wealth has grown more than USD 5 billion since June 1 to beat Bill Gates, the principal founder of Microsoft Corporation, who is the second-richest man in the world with USD 92.9 billion.
Amazon employees put together "narratively structured six-page memos," read them while sitting in silence for 30 minutes.
With a record fortune of $122 billion, Bezos has dethroned philanthropist and Microsoft co-founder Bill Gates, whose net worth is calculated at $90 billion.
Both Bloomberg and Forbes have put Bezos on top of their billionaire lists. Bloomberg said Bezos' net worth reached $106 billion while Forbes put it at $105 billion as of Wednesday, Xinhua news agency reported.
According to Forbes, the fortune of Amazon's founder reached some $90.6 billion, compared with the $90.1 billion that the online edition of the magazine attributes to Gates.
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