Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,151,139 members, 7,811,203 topics. Date: Sunday, 28 April 2024 at 06:31 AM |
Nairaland Forum / Nairaland / General / Business / Bill Gates Regains World’s Richest Person Title Hours After Jeff Bezos Dethroned (446 Views)
Bill Gates Tops Jeff Bezos As Richest Person In The World: See The Full List / Dangote Now 64th Richest Person In The World - Bloomberg / Jeff Bezos Overtakes Bill Gates To Become World's Richest Man (2) (3) (4)
(1) (Reply)
Bill Gates Regains World’s Richest Person Title Hours After Jeff Bezos Dethroned by olajay86(m): 6:21pm On Jul 28, 2017 |
http://www.titopeblog.com/2017/07/bill-gates-regains-worlds-richest.html Amazon founder and CEO Jeff Bezos was the world’s richest person for less than a day, as Bill Gates reclaimed the top stop within 8 hours. This was after Amazon weak earnings pushed the company stocks lower on Thursday. Amazon said its net income declined to $197 million in the second quarter, from $857 million the same period last year, marking a massive 77 percent decline. Revenue rose 25 percent to $38 billion from $30.4 billion, but that was not enough for Bezos to retain his title. The e-commerce giant stock price plunged 3.2 percent to as low as $1,020 per share in after-hours trading, after they closed the day at $1,046 a share. Bezos, who owns 17 percent of Amazon stocks, saw his net worth falling to $88.7 billion, according to Forbes’ World’s Billionaires Real Time Ranking. Microsoft co-founder Bill Gates regained his title of world’s richest person with $89.8 billion of net worth, the ranking showed. Amazon is still the world’s fourth biggest firm by market capitalisation behind Microsoft, while Facebook is closing on the e-commerce giant. In fact, Facebook may surpass Amazon in market value if the latter’s shares continue to decline on Friday due to weak earnings, according to analysts.
|
Re: Bill Gates Regains World’s Richest Person Title Hours After Jeff Bezos Dethroned by greatnaija01: 6:31pm On Jul 28, 2017 |
BILL GATES is simply a GATE man that always has to keep the GATES closed |
(1) (Reply)
How To Get Your Google Adsense Approve In One Week. / Petrol Now N130/ltr At Depots, N142/ltr At Stations / Trade Forex. Buy/ Sell/ Fixed Deposit
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8 |