• Zuckerberg loses $7 billion in a day as companies boycott Facebook ads

    Zuckerberg loses $7 billion in a day as companies boycott Facebook ads

    Published Date : 27-Jun-2020 3:11:22 IST

    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.

Related Posts