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Facebook CEO Marks Zuckerberg Loses $17.6Billion In Net Worth As Stock Plunges
Yesterday, Facebook stock plunged over 20 percent, following a disappointing earnings reports which made CEO Mark Zuckerberg lose $17.6bn in net worth. The young billionaire, who had been worth as much as $86.5bn when Facebook stock traded at an all-time high earlier in the day, now has a net worth of about $68.9bn, based on regulatory filings with the U.S. Securities and Exchange Commission. That figure includes some $2.7bn in cash and real estate, according to Bloomberg’s Billionaire index. That places Zuckerberg, who had been the world’s third-richest person, at Number Six, below billionaires including Berkshire Hathaway’s Warren Buffett, French