Zuckerberg loses $29 billion in a day as Meta shares crash

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Mark Zuckerberg lost $29 billion in net worth as Meta's stock marked a record one-day plunge following a disappointing earnings forecast $FB

Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. REUTERS/Erin ScottFeb 3 - Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc's

Meta's stock fell 26%, erasing more than $200 billion in the biggest ever single-day market value wipeout for a U.S. company. That pulled down founder and Chief Executive Officer Zuckerberg's net worth to $85 billion, according to Forbes.Register now for FREE unlimited access to Reuters.comtop boss Elon Musk's $35 billion single-day paper loss in November. Musk, the world's richest person, had then polled Twitter users if he should sell 10% of his stake in the electric carmaker.

 

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example of self piss

Kinda saw this coming Mark... Meta down

Sorry. It was my fault. Everytime I buy a stock it plummets the next couple days.

Stop putting people in Facebook jail for dumb stuff. That censorship is what is killing FB. Just getting so out of hand. Can't even call my brother a dickhead without getting flagged for bullying!! That's my brother dammit!!

It's almost as if negative engagement really ISN'T as valuable as positive. Huh.

Too many ads and you never actually see any content from your ‘friends’. Accordinng to my fb news feed, i have no friends and absolutely love adverts! Maybe thats why people are giving up with it! It was a place to socialise and keep in contact with people- it sold out! 🤷‍♀️

The reason for OwnerFacebook Mark Zuckerbergs fall is their Guantanamo bay type behaviour in the name of community guideline. They themselves are shutting down peoples account. If it continues like that, worst is yet to come.

Pretend money… unless Facebook disappears from the face of the earth nothing changes

Instagram and tik tok will die too. Do you really think the current crop of pre-phone kids are going to be like I can't wait to use the same apps as my parents did 5 years ago when they first connect?

Stop messing with people’s lives………stop trying to censure discourse

GOOOOOD. VERY SOON,TWITER'S BALLON WILL IMPLODE TOO. FINALY,IT WILL BE NO MORE CENSORING TO GOP LEADRES.

Metaverse is a reflection of his personality. Awkward in public so create a more welcoming alternative world to hang out in.

so interesting 🤔 29$ billion! are we talking about money or tree leafs? suddenly it can become 0$ as well? wow 🤩 i am learning valuation recently… wow 🤩

Just the beginning! Until when the platform regain it's social status.

😂👍💥👊💯

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