{"id":841012,"date":"2024-08-05T09:19:01","date_gmt":"2024-08-05T03:49:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=841012"},"modified":"2024-08-05T09:23:38","modified_gmt":"2024-08-05T03:53:38","slug":"worlds-richest-lose-134-billion-in-stock-slump-led-by-amazons-bezos","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/05\/worlds-richest-lose-134-billion-in-stock-slump-led-by-amazons-bezos\/","title":{"rendered":"World&#8217;s richest lose $134 billion in stock slump, led by Amazon&#8217;s Bezos"},"content":{"rendered":"<p>Jeff Bezos\u2019s net worth shrank by $15.2 billion Friday, leading a wide-ranging slump that erased $134 billion from the fortunes of the 500 richest people in the world. <\/p>\n<p>Shares of Amazon.com Inc. slid 8.8 per cent amid a broader selloff in the market, dropping Bezos\u2019 net worth to $191.5 billion, according to the Bloomberg Billionaires Index. The one-day wipeout is his third-worst, trailing only April 4, 2019, when the Amazon co-founder\u2019s wealth tumbled $36 billion following his divorce settlement, and April 29, 2022, when Amazon shares plunged 14 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jeff Bezos\u2019s net worth shrank by $15.2 billion Friday, leading a wide-ranging slump that erased $134 billion from the fortunes of the 500 richest people in the world. Shares of Amazon.com Inc. slid 8.8 per cent amid a broader selloff in the market, dropping Bezos\u2019 net worth to $191.5 billion, according to the Bloomberg Billionaires Index. The one-day wipeout is his third-worst, trailing only April 4, 2019, when the Amazon co-founder\u2019s wealth tumbled $36 billion following his divorce settlement, and April 29, 2022, when Amazon shares plunged 14 per cent.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-841012","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=841012"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841012\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=841012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=841012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=841012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}