| 1 October 2022, Saturday |

Facebook’s founder loses $29 billion in a single day

Facebook shares fell 20% after the firm lost users for the first time in 18 years, resulting in a loss of more than $200 billion in the value of its parent company “meta.”

In a single day, Facebook CEO Mark Zuckerberg lost $29 billion from his personal fortune. According to Forbes, Zuckerberg’s worth has dropped to around $88 billion, making him the owner of the highest one-day loss in history, surpassing Tesla CEO Elon Musk, who previously lost $35 billion of his fortune last November.

  • Sawt Beirut International