Home / Business / Billionaire loses $6bn in one day to make him the 5th Richest man in the World (See Full List)

Billionaire loses $6bn in one day to make him the 5th Richest man in the World (See Full List)

Amazon founder, Jeff Bezos lost $6 billion in one day after his company’s share price fell 11 percent. Well this didn’t make him broke, it only made him Fifth richest man in the world with $49.2 billion even though he slipped from fourth place to fifth on Forbes’s rich list.

Jeff Bezos

According to Forbes, he was worth $49.8 billion at 5pm. In the space of 30 minutes he lost $800million, so ended up falling behind Carlos Slim Helu of Mexico, who is now the fourth richest person in the world with a net worth of $49.6 billion.

Bezos prefers to look on the bright side of things however.
‘Twenty years ago, I was driving the packages to the post office myself and hoping we might one day afford a forklift. This year, we pass 100 billion dollars in annual sales and serve 300 million customers. And still, measured by the dynamism we see everywhere in the marketplace and by the ever-expanding opportunities we see to invent on behalf of customers, it feels every bit like day one.’
See the top ten richest men below.

Billionaire                     Net Worth  (billions)       Company/ source                Country
1. Bill Gates                     $76.2                               Microsoft                           United States
2. Amancio Ortega           $68.4                               Zara                                    Spain
3. Warren Buffett             $59.8                               Berkshire Hathaway          United States
4. Carlos Slim Helu          $49.6                              Telecoms                            Mexico
5. Jeff Bezos                     $49.2                               Amazon.com                    United States
6. Mark Zuckerberg          $47.9                               Facebook                          United States
7. Larry Ellison                 $44.1                               Oracle                               United States
8. Charles Koch                $39.7                               Diversified                         United States
9. David Koch                   $39.7                               Diversified                         United States
10. Larry Page                   $37.5

Google.     United States

 

 

 

COTTON SUITES

Check Also

Constitution Amendment: No Need Scrapping State Electoral Commissions – IPAC

THE Inter-Party Advisory Council (IPAC), Lagos State Chapter, has urged the National Assembly not to …