Mark Zuckerberg’s Fortune Decreased By $2.2 Billion

Mark Zuckerberg’s fortune dropped $2.2 billion as shares of Facebook Inc. (FB) (FB), the world’s largest social-networking company, fell below the company’s $38 offer price in its second day of trading. The shares sank 11.3 percent to $33.90 at 12:37 p.m. in New York, after declining as much as 13.7 percent to $33. Zuckerberg’s stake is valued at $17.1 billion. He had ranked 26th on the Bloomberg Billionaires Index on May 18.

Read the rest of the story on

Back to top