​​​
  1. Jeff Bezos gets richer by $3.3 billion, while Mark Zuckerberg, Larry Page, Larry Ellison lose billions

Jeff Bezos gets richer by $3.3 billion, while Mark Zuckerberg, Larry Page, Larry Ellison lose billions

Jeff Bezos, the world’s richest person, added $3.3 billion to his net worth on Tuesday even as the fortunes of fellow technology tycoons took a tumble. The founders of Facebook Inc., Alphabet Inc. and Oracle Corp. lost a combined $6.7 billion.

By: | Updated: March 21, 2018 2:07 PM
Bezos, the Amazon.com Inc. founder, has added .8 billion to his net worth since the start of the year, according to the Bloomberg Billionaires Index. (Image: Reuters)

Jeff Bezos, the world’s richest person, added $3.3 billion to his net worth on Tuesday even as the fortunes of fellow technology tycoons took a tumble. The founders of Facebook Inc., Alphabet Inc. and Oracle Corp. lost a combined $6.7 billion. Oracle Chairman Larry Ellison led the way, dropping $4.5 billion, with shares of the software giant tumbling 9.4 percent as it forecast slowing sales growth for cloud-related products.

Facebook co-founder Mark Zuckerberg’s wealth slid $1.8 billion, bringing his two-day decline to $6.7 billion as the world’s biggest social network continued to grapple with fallout from a data leak. Alphabet’s Larry Page and Sergey Brin lost about $100 million each on Tuesday.

Watch Video: Oracle declines on underwhelming results

Bezos, the Amazon.com Inc. founder, has added $32.8 billion to his net worth since the start of the year, according to the Bloomberg Billionaires Index. That’s more than the individual market capitalizations of 63 percent of companies in the S&P 500 Index.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top