Mark Zuckerberg loses $29bn overnight as people abandon Facebook

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Shares of Meta dropped nearly 25% after the company announced lower-than-expected revenue figures.

saw $29billion wiped from his net worth when his company’s share price collapsed following its latest quarterly report.

Zuckerberg is ranked as the world’s seventh richest person, according to the Bloomberg Billionaire’s Index, with his net worth before the share price collapse estimated at $121 billion.

Source: News Formal (newsformal.com)

 

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