Amazon CEO Is No Longer The Richest Man In The World

Amazon CEO and founder Jeff Bezos is no longer the richest man on the planet. In the third quarter (Q3) performance result of Amazon, the firm showed lackluster results. This saw Bezos losing $ 7 billion in stock value.

This paved the way for persistent performer on the list Bill Gates to take the 1st stop. Bill gates at present has a net worth of $105.7 billion. Fall in Amazon’s stock value has brought Bezos net worth down to $103.9 billion.

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Jeff Bezos was the one who ended Gate’s 24-year run as the richest man last year and became the first man on earth with a net worth of $160 billion.

Read more at NDTV

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