Jeff Bezos, founder, and chief executive of Amazon have now lost the title of the world’s richest man. Jeff Bezos has lost his place as the world’s richest man after the business hours on Thursday.
The shares of Amazon fell 7 percent during the trading hours. Due to this fall, the wealth of Jeff Bezos has now reached $ 103.9 billion and he has slipped to the second position in the list of world’s richest people. The founder of Microsoft Bill Gates has gained the number one position, whose assets are worth the US $ 105.7 billion.
Let me tell you that Jeff Bezos became the richest man in modern history after achieving the title of world’s richest person on 18 July 2018. During that time his assets had crossed a worth of 150 billion dollars. Jeff Bezos’s organization, Amazon, has taken him to great heights. Jeff Bezos started the company on July 16, 1995, today the company is among the biggest e-commerce companies in the world.