Amazon CEO Jeff Bezos loses $6 billion in after-hours trading on Thursday as Amazon’s stock dropped. Bezos has also lost his ranking as the fourth riches person in the world in response to the company’s fourth quarter earnings report, according to The Business Insider.
As of 5:00 p.m. ET, Bezos was worth $49.6 billion, barely holding on to his place as the world’s fourth richest person. By 5:30 p.m. ET, Jeff had lost another $800 million dollars, which puts him in fifth place behind Carlos Slim Helu of Mexico, who is now the fourth richest person in the world with a net worth of $49.6 billion.