Mark Zuckerberg’s Net Worth has Dropped by Billions

The public has been unhappy with Facebook lately, to put it mildly. Data leaks and sharing scandals have taken a significant bite out of the social network’s profitability, and every employee is feeling it. One of the biggest losers, at least relatively speaking, has been Facebook’s CEO, Mark Zuckerberg.

According to Bloomberg’s Billionaire Index, Zuckerberg started the year with a net worth of approximately $75 billion. As of Monday, though, that net worth has dropped to $56 billion, a personal loss of $19 billion. Zuckerberg has personally lost more money than most of his employees make, and is currently on track to lose more money than any of the other 500 richest people in the world, according to Time Magazine’s money reports. Those reports also state that, assuming Facebook’s current trends continue, Zuckerberg will be losing another $15 billion over the next year.

Zuckerberg owns 13% of Facebook’s stock, which, considering the company’s recent fluctuations and slides, is likely the reason for his net worth loss. Zuckerberg’s net worth was actually a little lower last month, hovering around $52 billion, due to Facebook’s stocks hitting their lowest recorded levels. He managed to make some of them back thanks to the stock’s recovery, but if Facebook is hit with another scandal, it’ll likely continue to plummet.

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4 years ago
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