Jeff Bezos takes $20 billion loss, Amazon stock on pace for its worst performing day in eight years

Amazon founder and chairman Jeff Bezos has seen roughly $20 billion wiped off his net worth, as the company's stock heads for its worst day on the markets in eight years.

Shares of Amazon were down 12.6 percent at noon on Friday, to $2,527.64, after the company announced its first quarterly loss since 2015, and slowing sales growth for the first time in 21 years.

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