Bezos Sets New Wealth Record, Losing $19.2 Billion Over Two Days

How Jeff Bezos Became the King of E-Commerce

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.