Mark Zuckerberg loses $7 billion as companies drop ads

Article Link: https://www.foxbusiness.com/money/mark-zuckerberg-loses-7-billion-as-advertisers-drop

Discussion posted by: IRWeasel

Facebook shares dropped 8.3 percent on Friday, eliminating $56 billion from the company’s market value, after British-Dutch consumer goods company Unilever joined a number of other big brands in pulling its advertisements from the site, according to Bloomberg. Zuckerberg now ranks at No. 4 on the index with a net worth of $82.3 billion, behind Amazon founder Jeff Bezos, Microsoft founder Bill Gates and LVMH Moët Hennessy – Louis Vuitton CEO Bernard Arnault.