Business

Jeff Bezos Loses $8bn From Net Worth

Second richest man in the world, Jeff Bezos has lost $8.28 billion from his net worth.

Gatekeepers News reports that Bezos’ wealth declined after the stock of his company, Amazon, declined 5.31% on Monday.

The development takes Bezos’ year-to-date loss to $30.3 billion and his net worth to $162 billion.

Amazon shares dropped on Monday amid the Russia-Ukraine conflict as efforts to ensure a ceasefire and an evacuation face setbacks.

Fehintola Ambali-Salam

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