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Amazon's Bezos breaks Zuckerberg's record, loses $19.2 bn over 2 days

Technology stocks led Monday's declines, with the Nasdaq Composite Index sliding to its lowest since April

Jeff Bezos
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Amazon CEO Jeff Bezos in San Diego. (Photo: Reuters)

Reade Pickert I Bloomberg
Jeff Bezos is still the world’s richest person, but he’s a lot closer to No. 2 Bill Gates than just a few months ago.

The Amazon.com Inc. founder lost $19.2 billion over the past two trading days -- the most ever in that time, according to the Bloomberg Billionaires Index -- amid a global market selloff fueled by fears of further trade tensions. Facebook Inc.’s Mark Zuckerberg held the previous record, set in July, when the social-media giant reported revenue and user growth that missed estimates, lopping $16.5 billion from his fortune.

Technology stocks led Monday’s declines, with the Nasdaq Composite Index