Jeff Bezos, the world’s richest person, saw his net worth drop by $8 billion, shedding more than 7% of his net worth as Amazon shares fell by nearly 8%. Close behind was Bernard Arnault, chairman and CEO of French luxury conglomerate LVMH, whose net worth declined by $7.7 billion. Facebook CEO Mark Zuckerberg lost $5.7 billion — 9% of his net worth — as Facebook shares plunged by more than 9%. Oracle founder Larry Ellison’s net worth fell by nearly as much, dropping by $5.6 billion as Oracle shares slumped 11%. Since the market selloff began on Monday, Jeff Bezos has seen his net worth shrink by more than $9 billion to $104.4 billion at Thursday’s market close.

Source: Forbes March 12, 2020 21:18 UTC