In just one day, Facebook founder Mark Zuckerberg lost around $3 billion.
It has been proved as the largest single day loss for an individual investor as the fall of value of Facebook on Thursday was the reason behind this enormous loss to the head of social media giant.
The shares of Facebook were down to 5.5% when chief financial officer of the company told investors that they are expecting meaningful decline from advertising revenue growth. The stock worth of Facebook is $50.2 billion of which Zuckerberg holds shares of $418 million.
According to an estimate, $52.2 billion is the total net worth of Zuckerberg which makes him the 5th richest person in this world. For the year, Facebook shares have gone up by 15% despite Thursday’s loss which increase net worth of Zuckerberg by $6.4 billion.