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The lower than expected financial results of US e-commerce giant Amazon.com in the second quarter of this year caused the value of founder Jeff Bezos’ fortune to fall by around $ 13.5 billion.
And the Bloomberg News Agency reported today, Friday, that Amazon’s results, which were announced yesterday after trading in financial markets closed, were below expectations, and an indication of the decline in the strength of the retail business that has grown during the novel Corona virus pandemic. And Bezos has lost about 80% of the gains he made this year.
Amazon shares fell 7.2% on the New York Stock Exchange this morning to $ 3,339.18, pushing the value of Bezos’ fortune down to $ 193.6 billion. Despite this, the founder of Amazon is still the richest person in the world, according to the Bloomberg Billionaire Index, overtaking Elon Musk, the founder and chairman of electric car maker Tesla.
And the Bloomberg agency noted that the current week has been a mixed one for billionaires from tech companies in the United States. While the fortunes of Sergey Brin and Larry Page, founders of Google’s technology services, have increased thanks to the good results of the owner of Google Alphabet, the fortunes of the rich shareholders of Microsoft Corp and Facebook are due to the good results announced by the two companies. . .
Facebook founder and CEO Mark Zuckerberg lost $ 5.4 billion in his fortune yesterday after the company’s stock posted its biggest drop in two months amid investor concerns over the slowdown in the market. growth in advertising revenue.
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