Mark Zuckerberg's net worth shrank by $9 billion last year

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Mark Zuckerberg had a rough 2018. Facebook was plagued by scandal and data breaches, and Zuckerberg's wealth shrank along with his company's fortunes.

The Facebook CEO's net worth fell by $9 billion. He slipped three places on the Forbes 2018 global billionaires list, which the publication released Tuesday. The magazine now estimates Zuckerberg's net worth to be $62.3 billion — down from $71 billion last year. Facebook had a brutal 2018: The company was battered with data breaches and multiple government investigations into its practices. Its stock lost more than a fifth of its value.

Only two people in the top 20 of the list are women. The granddaughter of LOreal's founder, Francoise Bettencourt-Meyers, is in 15th place with $49.3 billion. Alice Walton of the Walmart family in 17th place with $44.4 billion. Forbes said that the number of billionaires shrank for only the second time in a decade, citing last year's tumultuous stock market and slowing global economy.The total combined net worth for its billionaires shrank $400 billion to just $8.7 trillion.

 

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Keep that trend going.

BudGothmog44 ¯\\_(ツ)_/¯

BudGothmog44 I assume he set up a go fund me page.

Robinson_amy052 Good hope to see him go broke!

He spends too much money on children.

it's not enough til Facebook malware is off of all computers

The exchange rate from dollars to rubles is not good.

Not by enough. I want him scrambling for rent.

C'mon, we can do better than that

Good for humanity.

Yes and? nofucksgiven

Guess he'll have to resort to only eating Mac & Cheese that's 18k gold-covered instead of 24k .. hardtimes

だんだんヒューマノイドロボットみたいな顔になってきた

Is there a go fund me yet

Wanna slide into my DM? Serious minded one's only, ain't got time for shit.

Poor socialist billionaire. I she'd a salty tear. 😢

I wish my net worth shrank by 9 billion. 😒

Poor baby.

How will he eat? Does he have to live paycheck to paycheck now? Boo hoo. I can't believe this is news that a rich asshole isn't as rich anymore.

I'll start the GoFundMe

Sounds like a lot but to him that's like losing a tenner in a pocket you haven't looked in for a while

This is great news

I might be able to send him a couple of quid

For most 99% of the world that’s a huge deal, but for Mark...

good job lovely boy...😂

And...?

Ok. I will write him a check.

Are people finally realizing that being back in virtual high school isn’t worth the security risk that Facebook can subject people to?

O WOW! That must've knocked to poor guy down to 200b. I'm really worried bout him now that you mentioned it.

Oh wow, that’s a terrible...

Well I wish I could lose $9billion.

I have closed my account because of a small publication but touching the tyrants will raise a case for this fraudulent thief

He should cash out now.

No

....

Thoughts and prayers!

that's horrible

Poor guy

Oh no!

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