search

Zuckerberg’s personal wealth down $7 billion in past few hours — Bloomberg

Facebook CEO Mark Zuckerberg speaks in New York, October 25, 2019. (AP/Mark Lennihan)
Facebook CEO Mark Zuckerberg speaks in New York, October 25, 2019. (AP/Mark Lennihan)

Facebook chief Mark Zuckerberg’s personal wealth has dropped by almost $7 billion in the past few hours, Bloomberg reports, hit by the combination of a whistleblower coming forward and outages worldwide for Facebook and its flagship products.

“A selloff sent the social-media giant’s stock plummeting around 5% on Monday, adding to a drop of about 15% since mid-September,” Bloomberg says.

Zuckerberg’s worth has now fallen to $120.9 billion, placing him below Bill Gates, at No. 5, on the Bloomberg Billionaires Index. “He’s lost about $19 billion of wealth since Sept. 13, when he was worth nearly $140 billion.”

comments
Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed