Facebook founder, Mark Zuckerberg’s net worth has fallen by $11 billion to now, $36billion as the company’s shares nosedived a day after it reported depressing quarterly earnings.
The Facebook CEO who was once the third richest person in the world at a certain point in time, has now placed as the 29th richest person in the world on account of his plummeted net worth.
Meta shares which fell about 25% to $97.94 on Thursday, had pushed the stock to its lowest point since December 2016.
The stock nosedive has knocked Zuckerberg down from the 25th richest person in the world on Wednesday to the 29th richest as of market close Thursday. This was according to Forbes’ Real-Time Billionaire tracker.
