Facebook owner and the fifth most richest man in the world Mark Zuckerberg lost $3 billion on Thursday, November 3, 2016. According to the CNN report, this was the biggest loss in single day for an individual investor ever.
The report revealed that Facebook shares plunged 5.5% after it’s chief financial officer (CFO) warned investors that their revenue growth from advertising was expected to go down.
According to Bloomberg, Facebook shares are up nearly 15% for the year, lifting Zuckerberg’s net worth by $6.4 billion, which is currently $52.2 billion.
