Jeff Bezos lost about $7 billion on Thursday
Amazon CEO Jeff Bezos, the world’s richest person, just lost a fortune in a single evening.
Amazon reported third-quarter earnings Thursday that disappointed investors and sent Amazon stock spiraling down as much as 9% in after hours trading. As of 6pm ET, the stock was down 6.6%, or $118 a share, according to CNBC.
For Bezos, who owns 57,610,359 shares of Amazon, according to the most recent SEC filing, that means a loss of nearly $6.9 billion.
If this evening’s losses hold through tomorrow’s market close, Bezos will lose his title as world’s richest person to Microsoft co-founder Bill Gates, according to the Bloomberg Billionaires Index.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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17:12
Armenia to face Georgia in Nations League play-off
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16:36
Hayk Marutyan agrees to debate with Tigran Avinyan
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Marutyan, a former Yerevan...
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15:45
Opposition politician: Pashinyan leading Armenia to 'final collapse'
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15:05
Caretaker deputy justice minister sacked
Armenian Prime Minister Nikol Pashinyan has signed a decree to dismiss Armenuhi Harutyunyan as Acting Deputy Minister of Justice....
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14:35
Armenian parliament speaker confirms MP's resignation
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14:06
Visa restricts media access to key event in Yerevan
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13:36
Orban says he will invite Netanyahu to Hungary after ICC warrant
Prime Minister Viktor Orban said on Friday he would invite Israeli Prime Minister Benjamin Netanyahu to visit Hungary, saying he would guarantee...
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13:11
Temps to plummet in Armenia
Clear weather is expected in Armenia's regions on Friday and over the weekend.
Rain and snow are forecast for most parts of the country...
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12:32
Alexis Ohanian showcases rare Armenian coin
Reddit co-founder Alexis Ohanian has showcased a rare Armenian coin from 95 BC featuring Tigranes the Great, a famous Armenian king....
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12:16
German foreign minister criticizes Azerbaijan's human rights record
German Foreign Minister Annalena Baerbock criticized the human rights record of Azerbaijan during her first appearance at the UN Climate Change...
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12:06
Minister shares new images captured by Armenia's first satellite
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11:36
World Cadet Chess Championship passes its halfway mark
The 2024 World Cadet Chess Championship has passed its halfway mark in Montesilvano, Italy.
After 6 rounds, in the Open 12 category CM...
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11:15
Iran to launch 'new and advanced centrifuges' in response to IAEA censure
Iran said Friday it would launch a series of "new and advanced" centrifuges in response to a resolution adopted by the IAEA that...
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11:00
Armenian, Iranian foreign ministers hold phone call
Armenian Foreign Minister Ararat Mirzoyan on Thursday had a telephone conversation with his Iranian counterpart Seyed Abbas Araghchi....
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17:07
Winter military draft starts in Armenia on November 25
The winter conscription for compulsory military service starts in Armenia on November 25 to run through January 31, 2025.
The...
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16:45
Russian spokeswoman told not to comment on ballistic missile strike live on air
Russia's foreign ministry spokeswoman Maria Zakharova received a phone call during a live press briefing on Thursday telling her not to...
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16:33
Belgian politicians call for immediate release of all Armenian prisoners held in Baku
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16:06
Armenia thwarts large-scale drug smuggling attempt
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15:33
Armenian government reduces financial aid for Artsakh refugees
The Armenian government on Thursday approved a decision to reduce financial aid for the displaced Artsakh Armenians.
Starting from...
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14:45
Percival Everett wins National Book Award
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14:35
Pyunik v West Armenia match canceled
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The 17th round match was scheduled for November 21....
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14:06
Armenian Foreign Ministry denies cooperation with Azerbaijan on water management
Armenia’s Foreign Ministry has denied claims of cooperation with Azerbaijan on transboundary water resources management.
In a social...
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13:36
No rain in sight for rest of the week
Clear weather is expected in Armenia's regions from Thursday to Sunday.
Rain and snow are forecast for most parts of the country...
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13:06
Pashinyan thanks dismissed officials for cooperation
Armenian Prime Minister Nikol Pashinyan expressed gratitude to the dismissed top government officials for joint work and wished good luck to...
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12:36
Armenian church marks Presentation of Virgin Mary
The Armenian Apostolic Church celebrates the Presentation of the Blessed Virgin Mary on Thursday, November 21.
According to tradition,...
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12:15
Luxembourg's parliament demands immediate release of all unlawfully imprisoned persons in Azerbaijan
Luxembourg’s Chamber of Deputies has adopted a resolution condemning the Azerbaijani government’s sanctions against the freedom of...
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12:00
Davit Khudatyan appointed minister of territorial administration
Armavir Governor Davit Khudatyan has been appointed Minister of Territorial Administration and Infrastructure.
Armenian President Vahagn...
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11:45
Australia launches bill to ban social media for children under 16
Australia's centre-left government on Thursday introduced a bill in parliament that aims to ban social media for children under 16 and...
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11:30
Armenia's Andranik Avetisyan wins gold at World Military Wrestling Championships
The 37th World Military Wrestling Championships kicked off in Yerevan, Armenia, on Wednesday, bringing together 400 participants...
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11:10
Leopard missing for two years spotted in Armenia's Tavush
A leopard, that lost its front paw and disappered from Armenia's Vayots Dzor Province in December 2022, has been spotted in...
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