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Jeff Bezos can afford to lose billions.
Amazon's CEO lost $ 19.2 billion over two consecutive trading days (October 26-29, separated by a weekend), with shares of his company plummeting by nearly 14 percent over the same period. Bloomberg said it was the maximum that all the rich lost in two days, crushing the dubious record of Facebook CEO Mark Zuckerberg, who had lost $ 16.5 billion when his company had missed its earnings forecast. July.
Despite the massive loss, Bezos remains without a doubt the richest person in the world, with a net worth of 133 billion dollars at the end of October, about 40% more than the fortune of 94.2 billion dollars which had not been retained. 2 Bill Gates.
Of course, one of the reasons why Bezos has such a big lead is that, unlike Gates, he has not made a lot of donations to charities. According to a Forbes analysis, Gates donated $ 35.8 billion to his charitable foundation, which represented 27% of his personal fortune in September. Bezos recently announced plans to create a $ 2 billion charitable fund for preschool children in low-income communities and the homeless.
Be that as it may, after a few dark days, Bezos' wealth recovered somewhat on October 31, recovering $ 5.4 billion while Amazon shares rose 4.4%. Happy Halloween!
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