Saturday, January 13, 2018
Report: Mark Zuckerbeg Loses $3.3B In A Day
Shares of Menlo Park, California-based Facebook tumbled 4.5 percent on Friday in New York, cutting Zuckerberg’s fortune to $74 billion on the Bloomberg Billionaires Index. He lost his place as the world’s fourth-richest person to Spanish retail billionaire Amancio Ortega.
The drop wiped out much of the $4.5 billion Zuckerberg, 33, had added this year through Thursday. The world’s 500 richest people gained $1 trillion in 2017 and an additional $192 billion in the first two weeks of 2018, according to the Bloomberg index.
Posted 5:01:00 AM