Mark Zuckerberg has lost $9 billion since Facebook

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EmptyTimCup

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Mark Zuckerberg has lost $9 billion since Facebook's IPO



Facebook's Mark Zuckerberg, who owns 503.6 million shares of the world’s largest social network, has lost about $9 billion since the company went public in May.

The 28-year-old co-founder has seen the value of his company fall by nearly half since its initial public offering at $38 per share.

On Thursday alone, his fortune fell by $423 million when the stock price reached a new low of $20.04.




I realize Mark Z's wealth is all photons and electrons, in the world of stocks ....... but I hope he cashed out some stock, besides paying the taxes
 
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