Amazon's net income decreased by 26%
Amazon released its financial results for the third quarter of 2019: Net income decreased by 26%.
This disappointed investors, as a result of which the company's shares fell by 9%. CNBC estimated that Amazon founder Jeff Bezos lost about $6.9 billion.
Bezos is now at the top of the billionaire list. However, if such falls continue, his place could be taken by the co-founder of Microsoft Bill Gates, CNBC notes