News Ticker

Facebook’s Mark Zuckerberg Lost $3 Billion Since Wednesday

It’s been a crazy week on the stock market for the tech sector again.  Apple has had problems for the first time and Netflix had their own issues.

Well now Facebook is in the news.

Check out this article called “Wither Zuck bucks: Facebook founder loses $3B in 48 hour” by Paul Sloan and discover how Facebook’s stock descent has affected Mark Zuckerberg…

 

“For the hordes of investors large and small who bought into hype around Facebook’s IPO — heck, even for those who snapped up shares a two days ago — this will offer little comfort. But in the last two days of trading, the assault on Facebook’s stock has shaved a few billion dollars off the Facebook’s famously rich founder’s net worth.”

“More specifically, since the close of trading on Wednesday, Mark Zuckerberg has lost almost $3 billion, at least on paper. (His total stake is still worth about $11.8 billion, a far cry from the $19 billion he held at the IPO price).”

Click here to continue reading and learn more about Facebook’s stock descent on News.CNET.com…

Related article

About Scott Aughtmon (1958 Articles)
I’m author of the book 51 Content Marketing Hacks. I am also a regular contributor to ContentMarketingInstitute.com and I am the person behind the popular infographic 21 Types of Content We Crave. I’m a business strategist, consultant, content creation specialist, and speaker. I’ve been studying effective marketing and business methods (both online and offline) since 1999. ===> If you would like to see ways that we could work together, then please click here to learn more.