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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMark Zuckerberg just lost $9 billion in wealth
Mark Zuckerberg just lost $9 billion in wealthMark Zuckerberg's wealth has tumbled by more than $9 billion over the past 48 hours.
This weekend, the Facebook founder was the fourth richest man in the world. Now, he will be sixth or seventh.
His wealth loss over the past two days is greater than the entire net worths of all but 170 of the world's more than 1,000 billionaires.
Robert Frank Published 1 Hour Ago Updated 14 Mins Ago
Mark Zuckerberg's wealth status has changed he's lost more than $9 billion in stock wealth over the past 48 hours.
Zuckerberg, who owns a little over 400 million shares of Facebook, has seen his wealth drop to around $66 billion from $75 billion since the stock opened on Monday morning, according to the Bloomberg Billionaire's Index and Forbes. This weekend, he was the fourth richest man in the world. Now, he will be sixth or seventh.
Of course, losing $9 billion here and there are the least of Zuckerberg's worries, with Facebook under attack for the improper sharing of member data. But the loss shows just how costly the scandal has become for Facebook and its founder. Not to mention its millions of other shareholders.
https://www.cnbc.com/2018/03/20/mark-zuckerberg-just-lost-9-billion-in-wealth.html
MrsCoffee
(5,801 posts)workinclasszero
(28,270 posts)LOCK HIM UP!!!!
Me.
(35,454 posts)SAD
workinclasszero
(28,270 posts)jrthin
(4,835 posts)Achilleaze
(15,543 posts)Eliot Rosewater
(31,109 posts)he is still worth billions.
Why in the fuck would he do this?
Cattledog
(5,914 posts)The portrayal in "The Social Network" was spot on.
workinclasszero
(28,270 posts)Bruce Springsteen, Badlands.
It works I guess. Ill personally never understand people with billions of dollars demand it all till the world starves and it still would not satisfy them!
Eliot Rosewater
(31,109 posts)workinclasszero
(28,270 posts)lagomorph777
(30,613 posts)There is no limit to that type of greed. There's no such thing as "enough."
anarch
(6,535 posts)Our society is completely ridiculous.
marylandblue
(12,344 posts)workinclasszero
(28,270 posts)workinclasszero
(28,270 posts)decent wages for the workers, social security etc, Zuckerberg has it all!
poboy2
(2,078 posts)Facebook (FB:NASDAQ)
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sfwriter
(3,032 posts)Leave Facebook. Make him lose more.
we can do it
(12,184 posts)mountain grammy
(26,620 posts)I'm so worried, I might even pray for him. Oh, right, I'm an atheist.
BigmanPigman
(51,590 posts)That will become the excuse of his fans like the NRA's is the 2nd amend.
Response to workinclasszero (Original post)
Iggo This message was self-deleted by its author.
Iggo
(47,552 posts)BillyBobBrilliant
(805 posts)pay $40,000 for each breach...
Let us see...
$40,000 x 50,000,000=$2,000,000,000,000 (as in trillion).
I'll take my $40K anytime.
poboy2
(2,078 posts)WhiteTara
(29,706 posts)Tipperary
(6,930 posts)Freethinker65
(10,017 posts)Initech
(100,068 posts)CanonRay
(14,101 posts)amounts to the same thing for Zuckerberg.
workinclasszero
(28,270 posts)They are taking a bath with him too!
struggle4progress
(118,282 posts)workinclasszero
(28,270 posts)RestoreAmerica2020
(3,435 posts)[Pobrecito:poor little boy]
Luciferous
(6,079 posts)lame54
(35,287 posts)It's only a fraction of what he stole so he still wins
Boomerproud
(7,952 posts)and neither does he.
Hav
(5,969 posts)but I hope that is only the beginning. I assume many will (hopefully) reconsider their use of Facebook. When I read that those at Facebook who wanted to go public about Russian influence were blocked to do so, then I'd be glad if Facebook goes down.
dreamland
(964 posts)He was complicit.