Amazon’s founder is close to losing his place as the world’s\nrichest man to Microsoft founder Bill Gates. This comes as Amazon shares fell\nlate on Thursday.<\/p>\n\n\n\n
Shares in the world’s largest retailer fell 8.1 percent to\n$1.637 in late trading hours on the New York Stock Exchange. Beyond this\ndecline, Bezos’s net worth would be $102.8 billion, putting it second behind\nBill Gates, according to the Bloomberg Billionaires Index. Bezos was ranked\nfirst by Microsoft in October 2017. However, the official ranking of the\nupdates will be released after the close of each trading day in the US, so the\nchange will not be formal until the market closes on Friday.<\/p>\n\n\n\n
Microsoft, the world’s largest market capitalization, has\nrisen 38% this year. This led to an increase in the value of Gates’ share of 1\npercent and his fortune to 107.5 billion dollars. The rest of his fortune\nderives from stock sales and investments he has made. He said last month in an\ninterview with Bloomberg television that he was still a stock investor with\nmore than 60 percent of his portfolio in equities.<\/p>\n\n\n\n
Bezos, 55, would probably remain No. 1 if he had not\ndivorced his ex-wife, MacKenzie Bezos. The couple announced their separation in\nJanuary, and the 49-year-old Mackenzie acquired the Amazon holdings in July.\nIts net worth would drop $32.9 billion as Amazon shares hit $1,637, and would\nremain the fourth richest woman in the world.<\/p>\n\n\n\n
Bill Gates, on the other hand, would have remain in the lead\nfor a long time if he wouldn\u2019t have donated so much of his wealth. He has\ndonated more than $35 billion to the Bill and Melinda Gates Foundation since\n1994.s<\/p>\n","protected":false},"excerpt":{"rendered":"
Amazon’s founder is close to losing his place as the world’s richest man to Microsoft founder Bill Gates. This comes as Amazon shares fell late on Thursday. Shares in the world’s largest retailer fell 8.1 […]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":1426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[30],"tags":[93,74,66,79,36,34,145,114,127,120,48,24,78,131,44,10,58,57,70,47,86,31,18,80,23,46,109,85,115],"_links":{"self":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1425"}],"collection":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/comments?post=1425"}],"version-history":[{"count":1,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1425\/revisions"}],"predecessor-version":[{"id":1427,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1425\/revisions\/1427"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media\/1426"}],"wp:attachment":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media?parent=1425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/categories?post=1425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/tags?post=1425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}