Update: Jeff Bezos, 2nd Richest Man in the World

sidsmom — Thu, 27 Jul 2017 21:41:43 GMT

Sneeze...and you missed it.

But just wait..it's a moving target, so his name will float back up.

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"For half a day, Jeff Bezos was the richest man in the world, then the bottom fell out from under Amazon.com Inc.’s stock. Easy come, easy go.

Shares of the e-commerce giant AMZN, -0.65% that Bezos founded surged as much as 2.9% to an all-time intraday high of $1,083.31, propelling Bezos’s worth past Microsoft’s Bill Gates become the world’s richest person, according to both the Bloomberg Billionaires Index and Forbes’s real-time ranking of the world’s billionaires.

That rally gave Bezos a net worth approaching $91 billion, versus a little over $90 billion for Gates, according to Forbes.

Then just after noon ET, the Amazon’s stock reversed course, tracking the broader market’s pullback from record highs. The stock was down 0.7% in afternoon trade. After the close, Amazon is scheduled to report second-quarter results.

That brought Bezos worth back down to about $88.5 billion, below Gates worth of about $89.7 billion, according to Forbes."

Re: Update: Jeff Bezos, 2nd Richest Man in the World

Cakers3 — Thu, 27 Jul 2017 21:52:21 GMT

Easy come, easy go. My condolences to Bezos. LOL

Re: Update: Jeff Bezos, 2nd Richest Man in the World

Mz iMac — Thu, 27 Jul 2017 22:47:00 GMT

I want to be his mistress.

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Update: Jeff Bezos, 2nd Richest Man in the World

Re: Update: Jeff Bezos, 2nd Richest Man in the World

Re: Update: Jeff Bezos, 2nd Richest Man in the World