Skip to content
Subscriber Only

Bezos's Fortune Drops $9.1 Billion as Market Rout Whacks Wealthy

  • Falling markets shave $99 billion from world’s 500 richest
  • France’s Bernard Arnault has half of this year’s gains erased
Video player cover image
Bezos Loses $9.1 Billion as Selloff Hits World's Richest

Plunging global markets lopped $99 billion from the fortunes of the world’s 500 wealthiest people on Wednesday, the year’s second-steepest one-day drop for the Bloomberg Billionaires Index.

Amazon.com Inc. founder Jeff Bezos lost $9.1 billion, the most of anyone on the index, as shares of the online retailer fell the most in more than two years. The plunge lowered Bezos’s net worth to $145.2 billion, its lowest since July.