Mark Zuckerberg loses $7 billion, FB shares drop

5 months ago 43
google news

NEW YORK:

Mark Zuckerberg

became $7.2 billion

poorer

after a flurry of

firms

pulled advertising from Facebook. Shares of the

social media company

fell 8.3% on Friday, the most in three months, after

Unilever

and

Coca-Cola

, two of the world’s largest advertisers, joined other brands like Verizon in boycotting ads on the social network.
The share-price drop eliminated $56 billion from Facebook’s value and pushed Zuckerberg’s net worth down to $82.3 billion.

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