World
Mark Zuckerberg’s net worth drops as Facebook, WhatsApp and Instagram collapse
The net worth of Mark Zuckerberg, founder and chief executive officer (CEO) of Facebook, fell by nearly $7 billion in a few hours after the company’s flagship products collapsed.
According to Bloomberg, a selloff plummeted Facebook’s stock around 5 percent on Monday.
The stock slide dropped Zuckerberg’s worth to $128 billion on the Bloomberg Billionaires Index.
Apart from the shutdown, a whistleblower had earlier revealed that the company prioritised profit over the public good.
