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According to reports, the share value has fallen Amazon More than 13 percent, after investors reacted to the company’s weakest growth in two decades, in addition to warnings that the company may suffer from a further slowdown in growth, according to the British newspaper The Telegraph.
The decline in the company’s shares, yesterday, Friday, means that Jeff Bezos He lost about $40 billion this year, but left him $152 billion.
It is noteworthy that Bezos, the founder and CEO of Amazon, owns 9.8 percent of the company’s shares, making him the second richest person in the world after Elon Musk.
And Amazon announced Thursday evening that revenue jumped only 7 percent in the first three months of the year, the slowest growth since October 2001.
The company also recorded its first quarterly loss since 2015, when it reduced its value by billions of dollars from its stake in the company. "Rivian" to manufacture electric cars.
Profits were also hit by rising wage inflation, fuel prices and shipping costs.
Bezos’ stake in Amazon makes up the vast majority of his net worth, along with his stake in the space company "Blue Origin" And other investments that make up the rest.
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According to reports, the share value has fallen Amazon More than 13 percent, after investors reacted to the company’s weakest growth in two decades, in addition to warnings that the company may suffer from a further slowdown in growth, according to the British newspaper The Telegraph.
The decline in the company’s shares, yesterday, Friday, means that Jeff Bezos He lost about $40 billion this year, but left him $152 billion.
It is noteworthy that Bezos, the founder and CEO of Amazon, owns 9.8 percent of the company’s shares, making him the second richest person in the world after Elon Musk.
And Amazon announced Thursday evening that revenue jumped only 7 percent in the first three months of the year, the slowest growth since October 2001.
The company also recorded its first quarterly loss since 2015, when it reduced its value by billions of dollars from its stake in Rivian Manufacturing Company. electric cars.
Profits were also hit by rising wage inflation, fuel prices and shipping costs.
Bezos’ stake in Amazon makes up the vast majority of his net worth, along with his stake in the space company.Blue OriginAnd other investments that make up the rest.