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Zuckerberg loses $7 billion in a day as companies boycott Facebook ads
short by Krishna Veera Vanamali / on Saturday, 27 June, 2020
Facebook CEO Mark Zuckerberg became $7.2 billion poorer on Friday after several firms pulled advertising from Facebook and Instagram citing concerns over the spread of hate speech on their platforms. Shares of Facebook fell 8.3%, pushing Zuckerberg's net worth down to $82.3 billion, according to Bloomberg. Zuckerberg also moved down one notch to fourth place in the Bloomberg Billionaires Index.
read more at ThePrint