Facebook CEO Mark Zuckerberg’s Net Worth Dropped by $7 Billion in One Day

Facebook founder and CEO Mark Zuckerberg testifies at a Senate Judiciary and Commerce Committees Joint Hearing in Washington on April 10, 2018. (Samira Bouaou/  Pezou)


By聽Entrepreneur Staff聽

Between whistleblower revelations and the widespread outages of Facebook, Instagram, and WhatsApp, Mark Zuckerberg had a very bad Monday.

According to reporting by聽Bloomberg’s Scott Carpenter, Zuckerberg’s net worth took a massive聽$7 billion hit due to聽a stock selloff. He’s down 5 percent to $120.9 billion, so maybe don’t shed too many tears.聽Zuckerberg’s net worth is down nearly $20 billion from a high of $140 billion just a few weeks ago, according to the聽Bloomberg Billionaires Index. decline in Zuckerberg’s net worth moved Bill Gates up to the fourth spot.

Facebook, Instagram, and WhatsApp outages come on the heels of a聽bombshell ’60 Minutes’ episode聽in which Frances Haugen revealed herself as the whistleblower who released thousands of pages of private Facebook documents to the聽Wall Street Journal聽and federal government detailing how its platforms amplify hate, misinformation, and public unrest.

Pezou : Facebook CEO Mark Zuckerberg’s Net Worth Dropped by $7 Billion in One Day