Facebook founder and CEO Mark Zuckerberg has lost $17.4 billion, suffering from Facebook’s reputation and share price this year. He’s not the only billionaire to lose out in 2018, but he’s currently the most famous and has certainly lost more than any other.
Zuckerberg has dropped from being the third-richest person in the world to becoming the sixth richest, according to Bloomberg’s Billionaires Index. Zuckerberg now has a net worth of $55.3 billion.
The Facebook founder has faced increasing criticism over the ongoing Cambridge Analytica data scandal and Facebook’s response to the apparent social media influence exerted by Russia in US elections.
Facebook shares fell 3% last Friday to their lowest point since April 2017, and to a value of $139.53.
Read more starting at ‘Data privacy is still an unresolved issue in the eyes of many’ at…..Mark Zuckerberg Loses $17.4 Billion, He’s Not the Only One