Business

Mark Zukerberg Loses Over $ 7 Billion In Single Day

Mark_Zukerberg_Loses_Over__7_Billion_In_Single_Day_

Facebook founder Mark Zuckerberg loses $7.2 Billion in a single day as the companies boycott Facebook ads.

Shares of Facebook fell 8.3% on Friday, the most in 3 months, like Unilever, one of the world's leading advertisers joined other companies in boycotting ads on Social media platforms. Unilever company stated said it would stop spending money on Facebook ads this year.

The Facebook share-prices drop eliminated $56 Billion from the Facebook market value and pushed mark's total assets down to $82.3 billion.

That additionally moved the Facebook CEO down one indent to fourth place, taken by Louis Vuitton manager Bernard Arnault, who was raised to one of the world's three richest individuals alongside Jeff Bezos and Bill Gates.


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