Since Facebook went public earlier this year, it’s been a rough time for Co-Founder and CEO Mark Zuckerberg’s bank account. As his net worth has declined, Zuckerberg has fallen from 14th to 36th on Forbes‘ list of the wealthiest Americans. But don’t shed too many tears: He’s still worth $9.4 billion.
News of Facebook’s second quarter report didn’t just hurt the company’s stock, it left a bit of a dent in Co-Founder and CEO Mark Zuckerberg’s wallet. CNET reported today that since the market closed on Wednesday, Zuckerberg is down nearly $3 billion.
Poor Mark Zuckerberg. First, the Facebook co-founder and CEO watched his company’s stock flounder after it went public. Now his own stock has fallen. Business Insider reported Thursday that Zuckerberg is no longer among the 40 richest people in the world.