Mark Zuckerberg Loses $19B, More than Any Other Billionaire, from Facebook’s 2018 Stock Slide

Breitbart | 12/18/2018 | Staff
MysticHeart (Posted by) Level 3
Click For Photo:

Mark Zuckerberg has lost more money in 2018 than any of the top billionaires in the world, after Facebook suffered a devastating year. His losses for the year are estimated at $19 billion.

According to Bloomberg’s Billionaire Index, Mark Zuckerberg dropped $19 billion in 2018. The Facebook CEO was worth around $75 billion at the beginning of the year, but his net worth was recorded at $56 billion on Monday.

Zuckerberg - Scrutiny - March - Facebook - Company

Zuckerberg fell under scrutiny in March, after Facebook was called out for allowing the company Cambridge Analytica to allegedly misuse the data for 50 million of its users.

By July, Facebook’s stock had plummeted to a new low, causing Zuckerberg to lose nearly $16 billion in one single day, and losing another $2 billion over the course of the next few days.

Media - Platform - Users - Year - Advertisements

The social media platform had also censored numerous conservative users throughout the year, including advertisements from pro-life groups, and even a disabled...
(Excerpt) Read more at: Breitbart
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!