Bezos loses $7 billion overnight, $18 billion in a month, as market sells off on coronavirus fears
Concerns over coronavirus have roiled markets and torched hundreds of billions in paper wealth from the world's billionaires over the past month. But last night's declines could be the largest overnight wealth loss in nearly a decade.
Jeff Bezos lost $7 billion in paper wealth overnight, and more than $18 billion over the past month, as Amazon's share price has plunged on fear that the coronavirus outbreak will slow the global economy.
The world's richest person saw his wealth drop to $11
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