Zuckerberg's assets worth Rs 1.75 lakh crore eroded by Facebook stock crash

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- Mark Zuckerberg out of list of top ten richest people according to Bloomberg Billionaire Index

Shares of Facebook-owned company Meta Platforms Inc. plunged as much as 3% on Thursday after the stock market opened, due to a decline in the number of users for the first time in the social media company's 15-year history and poor results. At the same time, the company's founder Mark Zuckerberg's personal assets were damaged by Rs 1.5 lakh crore or ૨૪ 3 billion. For the first time in 17 years, Zuckerberg was dropped from the list of the 10 richest people in the world.

Shares of the Met platform have plummeted to બજાર 200 billion or Rs 15 lakh crore in a single day. The decline is so great that Facebook has seen a one-day decline in the total market cap of Tata Consultancy, the second most valuable listed company in India.

Earlier, Amazon founder Jeff Bezos lost ૩૪ 3 billion and Tesla's Elon Musk lost ડો 3 billion in a single day. The US stock market also opened softer today due to the crash in Facebook shares.


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