Current Events > Facebook Woes Sap $17.4 Billion of Zuckerberg's Wealth This Year

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Tmaster148
11/18/18 9:38:49 PM
#1:


https://www.bloomberg.com/news/articles/2018-11-16/facebook-woes-sap-17-4-billion-of-zuckerberg-s-wealth-this-year?srnd=premium

Mark Zuckerbergs fortune has tumbled $17.4 billion so far this year as Facebook Inc. faces fresh criticism over its treatment of critics and continues to grapple with the fallout from its response to Russian election meddling.

Shares of the social media giant fell 3 percent Friday to $139.53, the lowest since April 2017. Zuckerberg, 34, who recently was the worlds third-richest person, behind Jeff Bezos and Bill Gates, is now ranked sixth on the Bloomberg Billionaires Index.

Zuckerbergs fortune, now at $55.3 billion, has tumbled more than $31 billion from its peak on July 25. Oracle Corp.s Larry Ellison, is close behind at No. 7 with $54.7 billion.

Mark Zuckerbergs fortune has tumbled $17.4 billion so far this year as Facebook Inc. faces fresh criticism over its treatment of critics and continues to grapple with the fallout from its response to Russian election meddling.

Shares of the social media giant fell 3 percent Friday to $139.53, the lowest since April 2017. Zuckerberg, 34, who recently was the worlds third-richest person, behind Jeff Bezos and Bill Gates, is now ranked sixth on the Bloomberg Billionaires Index.

Zuckerbergs fortune, now at $55.3 billion, has tumbled more than $31 billion from its peak on July 25. Oracle Corp.s Larry Ellison, is close behind at No. 7 with $54.7 billion.

Zuckerberg faced renewed pressure Friday, with a group of Democratic senators demanding that he respond to news reports that the company used contractors to retaliate against critics of its privacy practices and efforts to thwart Russian propaganda on its network.


Oh no, how will he ever survive?
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Muffinz0rz
11/20/18 3:46:22 PM
#2:


@Womp_womp
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Not removing this until Pat Benatar is in Super Smash Bros. (Started 8/31/2010)
2018 NFLB Autumnsim (5-6): https://imgur.com/keaWhP1
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hotcegaI
11/20/18 3:46:46 PM
#3:


Not enough
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Damn_Underscore
11/20/18 3:47:28 PM
#4:


he's still worth $55 billion lol
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Shenmue II = best game of all time
Shenmue = 2nd best game of all time
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YookaLaylee
11/20/18 3:47:53 PM
#5:


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ArchiePeck
11/20/18 3:52:48 PM
#6:


How will he possibly support his independently successful wife and children with his remaining billions?
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DarkRoast
11/20/18 3:55:56 PM
#7:


Oh no, his solid gold yacht will have to go without the diamond waterfall for a few days.
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Well allons-y, Alonso!
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garan
11/20/18 4:27:42 PM
#8:


YookaLaylee posted...
hotcegaI posted...
Not enough
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clearaflagrantj
11/20/18 4:28:45 PM
#9:


Fuck the Zucc
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