Facebook’s Mark Zuckerberg change of heart just cost him $3.3 billion - News Summed Up

Facebook’s Mark Zuckerberg change of heart just cost him $3.3 billion


The drop wipes out much of the $4.5 billion Zuckerberg has added so far this year. Photo: BloombergNew York: Mark Zuckerberg’s latest Facebook post is proving expensive. Shares of Menlo Park, California-based Facebook tumbled 3.9% at noon in New York, cutting Zuckerberg’s fortune to $74.4 billion on the Bloomberg Billionaires Index. Also Read: Facebook unveils sweeping changes, says engagement may fallThe drop wipes out much of the $4.5 billion Zuckerberg, 33, has added so far this year. The world’s 500 richest people gained $1 trillion in 2017 and an additional $17 billion in the first two weeks of 2018, according to the Bloomberg index.


Source: Mint January 13, 2018 04:06 UTC


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