Mark Zuckerberg’s Net Worth Drops $5 Billion After Facebook Results Shake Investors

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Mark Zuckerberg’s net worth dropped $5 billion after Facebook results shake investors by MichaelFNunez

... [+]Getty Imagesthat beat analyst revenue expectations but showed a steep rise in expenses on the year.

The company reported revenue rose 25% to $21.1 billion, beating Refinitiv forecasts of $20.9 billion. Net income increased 7% to $7.3 billion, or $2.56 a share, topping forecasts for $2.53. But expenses rose 34% year-over-year during the quarter to $12 billion as its headcount swelled to nearly 45,000.

Facebook continues to report positive quarterly numbers despite being embroiled in multiple legal controversies, which include scrutiny over its proposed

 

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MichaelFNunez

MichaelFNunez He still has billions left. Doesn’t he?

MichaelFNunez

MichaelFNunez Xi Jinping : ' PERSONAL DATA THEFT. For a financial compensation of the USERS by Google, Facebook Microsoft and by any company collecting personal data users (our property) for the exploitation, spying & the resale of our personal data '

MichaelFNunez The 20M + from the Rep re-election campaign not looking so good now?

MichaelFNunez People can lose and still be billionaires, just wow!

MichaelFNunez

MichaelFNunez That is a lot of Sweet Baby Rays

MichaelFNunez Boohoo

MichaelFNunez I lost a MetroCard with $14 on it. My loss was greater.

MichaelFNunez The fact that one person has $5 billion to lose.

MichaelFNunez Boo Hoo 😭

MichaelFNunez To bad he’s only worth 77 Billion now. Poor guy! 😂

MichaelFNunez

MichaelFNunez Oops! Storm surge time.

MichaelFNunez poorguy. He’ll need to make some hard choices in his family budget now.

MichaelFNunez Ohhh

MichaelFNunez Eric Ciaramella is the whistleblower

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