Amazon CEO Jeff Bezos, the world's richest person, just lost a fortune in a single evening.
Amazon reported third-quarter earnings Thursday that disappointed investors and sent Amazon stock spiraling down as much as 9% in after hours trading. As of 6:00 p.m. ET, the stock was down more than 6%, and stood at about $1,662 a share.
For Bezos, who owns 57,610,359 shares of Amazon, according to the most recent SEC filing, that means a loss of nearly $6.9 billion.
Correction: A summary point was updated to reflect that Bill Gates is the Microsoft co-founder.