Jeff Bezos no longer the world's Richest man | BILLIONARE | Entrepreneure

Jeff Bezos no longer the world's Richest man

Today the same media which used to appretiate Jeff Bezos the Founder and the CEO of Amazon.com is criticised. These mdia people and anything to gain TRP. Hence lets get back to the news. In my openion we cannot call this a failure of Jeff Bezos, and his company. According to the news comming today it is said that the first place of the worlds richest man will be lost by Jeff to Bill gates again. 

"At the time of writing, Amazon's pre-market share price stands $1671.56 per share"

When the blooming Billionare Index was updated at the close of trading in New York on Friday, the Amazon founder may no the person on the top throne of the world's richest man. 

Presently Jeff owns 57,657,362 AMAZON SHARES, according to most rescent SEC filing. So, if each share is worth $1,671.56 then according to pre-market trading on Friday that would give Jeff around $102 Billion.

Prior to Thursday's Amazons Stock price tumbled, Bezos's stock had been valued at around $102 Billion, Which suggested that Jeff's overall net worth would be around $111 Billion. Which according to Bloomning Billionare Index as of thursady has fallen by $6 Billion and his net worth has become around to $105 Billion USD.

Therefore Bill Gates may again take up the throne of being the richest man of the planet. 

Jeff Bezos has taken up the title of the world's richest person since October 2017, when his net worth overtook that of gates. Microsoft co - Founder is currently worth $105.7 Billion. Bezos ended Beills 24-Years run as the richest man in 2018 and became the first man on earth with a net worth of $160 Billion. Amazon.com reported a 26% drop in net income in its third quarter, its first profit declined since 2017, reports Forbes. 

In after - hours trading, Amazon dropped nearly 9% to $1,624 per share. Bill Gates debuted on Forbes first ever billionare list in 1987 with a net worth of $1.25 Billion. 

Bezos first joined The Forbes 400 list of richest Americans in 1998, one year after Amazon went public. The Bezos couple finalissed their diverce in April in what was reported as the biggest divorce settlement in history, entitiling MacKenzi Bezos to Jeff Bezos's stock worth around $36 Billion. 

But do you think that Jeff become a looser. Absolutely not. Jeff if a smart and a experienced business man. He knows how to handle the situation. These media will keep on demotaviting people and gaining TRP on their channels. Thus we should be patient enough to see what are the cause and changes taking place in Amazon.com. 

"You Don't choose your Passion, You passion chooses you"-Jeff Bezos.