Jeff Bezos Loses💰 Billions💰

  |   Tech News

Although Facebook CEO Zuckerberg got 💲6⃣ bn richer in one day, Amazon CEO Jeff Bezos seems to have gotten💲6⃣ bn poorer, almost as if someone transferred 🔁the funds between them! In 24 hours🕔, Amazon shares fell🔻 from💲590 to 💲578, and CEO Jeff Bezos owns most of those Amazon shares. He’s still on the list of the richest people on Earth🌍, but that doesn’t stop it from being a heavy loss. The main reason for the drop was the bad December quarter with shipping📦 expenses exceeding📈 Amazon’s expectations. However, Amazon’s cloud☁ computing company, AWS, has been successful. Although it doesn’t officially release its number of subscribers👥, it’s believed to have increased 📈dramatically in the past year.

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Original Photo Credit: Flickr/James Duncan Davidson