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.
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.
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.
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