Bezos loses world's 4th richest position to Zuckerberg: Why are markets 'unhappy' with Amazon
Jeff Bezos has been surpassed by Mark Zuckerberg in global wealth rankings following Amazon's earnings report missing market expectations. Amazon's stock drop, attributed to concerns over significant future capital expenditure, particularly in AI, reduced Bezos' net worth. This spending, projected at $200 billion for 2026, is a key driver of investor caution.
Jeff Bezos has been surpassed by Mark Zuckerberg in global wealth rankings following Amazon's earnings report missing market expectations. Amazon's stock drop, attributed to concerns over significant future capital expenditure, particularly in AI, reduced Bezos' net worth. This spending, projected at $200 billion for 2026, is a key driver of investor caution.
