2 hours agoZuckerberg loses $7 billion after the Facebook crash
Periskopi(5 years ago)
(5 years ago)Mark Zuckerberg's personal wealth has dropped by nearly $7 billion in a few hours, bringing it down from the list of the richest people in the world, after a beacon came out and the disruptions brought the main products of Facebook offline. One sale caused the shares of the social media giant to fall around [...]
One sale prompted the shares of the social media giant to drop about 5 per cent on Monday, adding a decline of about 15 per cent since mid-September.
The drop in shares Monday cut the value of Zuckerberg to $120.9 billion, lowering it under Bill Gates to number 5 in the Bloomberg Millennium Index. It has lost about $19 billion in assets since 13 September, when it was worth about $140 billion, according to the index.
