Billionaires
World’s Richest Lose $134 Billion in Stock Slump, Led By Bezos
- Tech-heavy Nasdaq 100 falls 2.4%, enters correction territory
- It’s the third-worst one-day loss for Amazon’s Jeff Bezos
Jeff Bezos
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Jeff Bezos’s net worth shrank by $15.2 billion Friday, leading a wide-ranging slump that erased $134 billion from the fortunes of the 500 richest people in the world.
Shares of Amazon.com Inc. slid 8.8% amid a broader selloff in the market, dropping Bezos’ net worth to $191.5 billion, according to the Bloomberg Billionaires Index. The one-day wipeout is his third-worst, trailing only April 4, 2019, when the Amazon co-founder’s wealth tumbled $36 billion following his divorce settlement, and April 29, 2022, when Amazon shares plunged 14%.