Forbes just came out with its Billionaire Scorecard and Amazon founder/CEO Jeff Bezos is on the losing team.
Bezos’s net worth dropped by $300 million in the last year. The reason? Amazon’s shares dropped significantly after poor Q4 performance. It’s worth noting, however, that Amazon’s stock also reached its highest value ever this last year.
While $300 million is no small amount, don’t feel too bad for Bezos. He’s still worth a cool $17.6 billion and is one of America’s largest land owners.