Amazon CEO “Jeff Bezos” ranks down to 2 in world’s richest man race

Amazon CEO Jeff Bezos lost World's richest man crown to Bill Gates.

POST HIGHLIGHT
  • Amazon’s lacklustre Q3 results revealed that Jeff lost almost $7 billion.
  • Microsoft CEO Bill Gates have net worth of $105.7 billion.
  • Last year Jeff overtaken Bill Gates to become richest person in world.
  • Amazon and Microsoft journey so far.
POST HIGHLIGHT

Jeff Bezos who is CEO and Founder of Amazon was crowned as most richest person in the world. Now, Bill Gates have overtaken Jeff to become most richest person in the world. 

Before Jeff Bezos, Bill Gates was holding the title for richest person in the world and Jeff overtaken Bill Gates last year. 

About Bill Gates "Microsoft"-:

Microsoft was founded in 1975, New Mexico, United States by Bill Gates and Paul Allen. It is basically a Tech company that manufactures Gadgets and their Operating Sytems. 

Microsoft windows OS is one of the most required and useful OS platform in tech world. Years after years Microsoft became much popular and they sold huge number of products in very short time. Huge demand of Microsoft products made Bill Gates richest person in the world. 

Jeff Bezos ended Gate's 24 year streak-:

Bill Gates, Founder of Microsoft was crowned as most richest person for almost 24 years. In 1998 Jeff Bezos came and introduced people to “Amazon”.It’s a E-commerce website on which you can buy products online. 

Years after years Amazon also got huge popularity and is now world’s largest E-Commerce website having more than billion active users. Bezos first joined The Forbes 400 list of richest Americans in 1998. It had a net worth of 1.6 billion dollars.

“In 2018 Jeff’s “Amazon” overtaken Gates “Microsoft” and became the richest person in world”. 

Bill Gates again on Top-:

Amazon’s third-quarter earnings  on Thursday, drived its stock down as much as 9% in after hours trading.

As a result of this, Amazon CEO Jeff Bezos, lost about $7 billion in stock value.If this evening’s losses hold through the market close tomorrow, Bezos will lose his title as world’s richest person to Microsoft co-founder Bill Gates.

 The e-commerce giant’s stock fell 7%, trading at $1,695 in Friday’s pre-market, after releasing its third-quarter earnings report Thursday, dragging Bezos’s net worth to $102.8 billion. Bill Gates climbed back to first place with a net worth of $107 billion.

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