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Jeff Bezos' Net Worth Falls

Video Credit: Wochit News - Duration: 00:33s - Published < > Embed
Jeff Bezos' Net Worth Falls

Jeff Bezos' Net Worth Falls

Bezos can blame his company's third quarter earnings, which came in below Wall Street's estimates and sent the company's shares tumbling.

Much of Bezos' wealth is tied to Amazon's stock.

He owns roughly 57 million shares, or around 12% of the company.

His net worth lost roughly $3 billion after Amazon's stock fell around 2% in Friday trading.

Bezos' current wealth is $109.6 billion, according to Forbes' list of billionaires, which is higher than Gates' $106 billion.

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