Really is Mark running out of cash? What’s happening?
Mark Zuckerberg desperately needed
to refill his wallet in Italy yesterday -- stopping by an ATM on the island of
Capri ... after losing $1.5 BILLION on his plummeting Facebook stock ... in a
matter of hours.
Facebook shares dropped 9.6% yesterday, finishing at a new low of $28.84 --
reducing Mark's net worth from $16.2 billion to $14.7 billion. All told,
yesterday's drop raised the stock's losses to 24 percent ... making it the
worst-performing large IPO in the last decade.
Yesterday's drop also cost Mark his spot on the world's 40 richest people list.
The guy is still genius, he cant go broke , he will come up with sth
ReplyDeleteCld it be d wife is bad luck, that are only gd 2gether as friends not marriage?im jst saying o!
ReplyDeleteHaba, he still has alot in account, its only $1.5 that he lost
ReplyDeleteMark will always be my mentor,he is only 27yrs and he has achieved so much
ReplyDeleteHahaha...these happen in business, he will bounce back
ReplyDeleteEvery time can't be rosy in a hostile world like ds, if one does not fall in business that means sth is really wrong and that person shld be worried...Donald Trump and others can testify to that
ReplyDeleteThat a huge amt has gone down drain
ReplyDeletecoming down to 40 among d riches people shows u can be top 4ever, someone out there is striving to knock u down real hard
ReplyDeleteThat's business world 4u,if u dont have a thick and strong will and know ur game, u cant survive, but i think mark is on top of his game
ReplyDeleteWe have been hearing alot abt facebook shuting down for yrs and its has not so this loss will not break him
ReplyDeleteTechnology isn't meant to be a long term investment. Eventually, something new and better will come along - just like when Facebook replaced MySpace. Mark needs to come up with something that could make Facebook a more enticing investment. I hope that he'd be able to make both ends meet.
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