Much of Bezo's wealth is tied to Amazon's stock. He owns about 57 million shares, or about 12% of the company. His net worth lost about $ 3 billion after Amazon's shares fell about 2% in Friday trading. This is a sharp setback compared to afternoon trading on Thursday, when it was down as much as 9%.
Meanwhile, Gates has made $ 17 billion so far today, according to Bloomberg. He owns about 1% of Microsoft, which is up 40% this year. Amazon shares are up 17% for the year.
The two men were to watch the French
billionaire Bernard Arnault. He is the only other person on Forbes' list worth more than $ 1
00 billion. In July, CEO of luxury goods manufacturer took over LVMH ( LVMHF ]
Gates & # 39; second place.
– CNN Business & # 39; Paul R. LaMonica contributed to this report.