Billionaire Jeff Bezos lost $20.5 billion in 24 hours

Jeff Bezos is now $20.5 billion in debt.

This enormous money was lost in 24 hours by the world's second richest man.

To be more specific, this large loss occurred on April 29th, during the stock market session.

But don't worry, according to the Bloomberg Billionaire Index, the entrepreneur still has a net worth of $148 billion as of April 30.

Bezos is now worth more than $100 billion more than Elon Musk, the world's richest man.

The French businessman Bernard Arnault, CEO of the luxury conglomerate LVMH (Louis Vuitton, Tiffany, Hennessy, and so on), is now threatening his spot as silver medalist.

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