25.10.2019, 08:51
Richest Man in the World Lost Almost $ 7 Billion per Day
Source: OREANDA-NEWS
OREANDA-NEWS. Amazon founder and CEO Jeff Bezos lost nearly $ 7 billion due to a drop in the company's quotes after it reported to investors about the results in the third quarter. It's reported by the American television channel.
The company presented the report on the eve of October 24. It noted that in the third quarter of this year, Amazon's operating income fell to $ 3.2 billion compared with the same period in 2018, when this figure was $ 3.7 billion. In addition, this quarter, the company's net profit fell to $ 2 , 1 billion against $ 2.9 billion for the same reporting period in 2018.
After the presentation of the report, the value of the company's securities fell by 9%, which is why, according to the channel’s estimates, Bezos lost $ 6.9 billion. According to the NASDAQ exchange, then Amazon's stock price rose to $ 1.76 thousand apiece, but later again has fallen. As of 06:00, the company's securities are trading for $ 1.6 thousand apiece.
In early October, Forbes estimated that the head of Amazon was down $ 46 billion from last year to $ 114 billion. This happened after Bezos divorced his wife Mackenzie in July. The head of Amazon left his ex-wife about 19.7 million shares, which is equivalent to 4% of the company. At that time, such a share was estimated at $ 38.3 billion. Later it became known that Mackenzie decided to donate half the fortune to charity.
The company presented the report on the eve of October 24. It noted that in the third quarter of this year, Amazon's operating income fell to $ 3.2 billion compared with the same period in 2018, when this figure was $ 3.7 billion. In addition, this quarter, the company's net profit fell to $ 2 , 1 billion against $ 2.9 billion for the same reporting period in 2018.
After the presentation of the report, the value of the company's securities fell by 9%, which is why, according to the channel’s estimates, Bezos lost $ 6.9 billion. According to the NASDAQ exchange, then Amazon's stock price rose to $ 1.76 thousand apiece, but later again has fallen. As of 06:00, the company's securities are trading for $ 1.6 thousand apiece.
In early October, Forbes estimated that the head of Amazon was down $ 46 billion from last year to $ 114 billion. This happened after Bezos divorced his wife Mackenzie in July. The head of Amazon left his ex-wife about 19.7 million shares, which is equivalent to 4% of the company. At that time, such a share was estimated at $ 38.3 billion. Later it became known that Mackenzie decided to donate half the fortune to charity.
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