Intel Cofounder Gordon Moore’s Fortune Falls $1 Billion After Chip Firm’s Disappointing Earnings
Intel’s stock tumbled nearly 11% on Friday, lowering Moore’s net worth to under $10 billion. Justin Sullivan/Getty Images Gordon Moore, the world’s 48th-richest person, shed $1 billion from his fortune on Friday as Intel INTC stock plummeted on the back of disappointing third-quarter earnings. Shares of Intel, which Moore cofounded in 1968, fell nearly 11%… More