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Benzinga
Benzinga
Business
Vishaal Sanjay

Amazon Founder Jeff Bezos Loses $17 Billion Following Company's Mixed Q2 Earnings

Jeff Bezos

Jeff Bezos, the founder and Executive Chairman of Amazon.com Inc. (NASDAQ:AMZN), saw his net worth take a plunge, alongside the shares of his company, following its second quarter results last week.

What Happened: The fourth-richest man in the world, with a net worth of $237 billion, according to the Bloomberg Billionaires Index, lost $17 billion last week on Friday, from $254 billion the prior day, after investors were unimpressed with the company’s second-quarter earnings.

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