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Jeff Bezos’ net worth plummets by $7.5 billion as Amazon stock plunges

Por: New York Post Business October 29, 2022

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Jeff Bezos was $7.5 billion poorer on Friday as Amazon stock fell by nearly 7% in the wake of a less-than-stellar earnings report. Amazon shares had dropped by as much as 21% in after-hours trading on Thursday after the company predicted sluggish sales for the holiday shopping season. The 21% drop in the stock price translates into a loss of $23 billion from Bezos’ net worth. But stock price — and subsequently Bezos’ wallet — rebounded... + full article



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