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Bezos Still World’s Richest Man After Amazon’s Wild Ride

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How Jeff Bezos Became the King of E-Commerce
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Jeff Bezos retained the title of world’s richest person Friday as Amazon.com Inc.’s stock recovered from a sharp slide.

Shares of the biggest online retailer fell 1.1% to close at $1,761.33, rebounding from a drop of as much as 9.1% in extended trading a day earlier, after the company reported its first profit decline in two years. Friday’s modest dip trimmed Bezos’s net worth to $109.9 billion, or $2.36 billion more than Bill Gates’s, according to the Bloomberg Billionaires Index.