Jeff Bezos Loses $13.5 Billion After Amazon Disappointment
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Amazon.com Inc.’s weaker-than-expected second-quarter results has sent its founder’s fortune tumbling.
The net worth of Jeff Bezos fell $13.5 billion after Thursday’s after-market results missed Wall Street’s expectations and foreshadowed an end to the retailer’s pandemic-fueled sales surge. The drop erased 80% of his wealth gains for the year.