{"id":135177,"date":"2022-02-04T02:22:18","date_gmt":"2022-02-04T10:22:18","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/02\/zuckerberg-loses-29-billion-in-net-worth-bezos-gains-20-billion"},"modified":"2022-02-04T02:22:18","modified_gmt":"2022-02-04T10:22:18","slug":"zuckerberg-loses-29-billion-in-net-worth-bezos-gains-20-billion","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/02\/zuckerberg-loses-29-billion-in-net-worth-bezos-gains-20-billion","title":{"rendered":"Zuckerberg loses $29 billion in net worth, Bezos gains $20 billion"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/zuckerberg-loses-29-billion-in-net-worth-bezos-gains-20-billion2.jpg\"><\/a><\/p>\n<p>When your net worth depends on the stock value of a company.<\/p>\n<hr>\n<p>Feb 3 (Reuters) \u2014 Mark Zuckerberg lost $29 billion in net worth on Thursday as <a href=\"https:\/\/www.reuters.com\/technology\/facebook-usage-dips-first-time-will-instagram-follow-2022-02-03\/\" target=\"_blank\" class=\"\">Meta Platforms<\/a> Inc\u2019s <a href=\"https:\/\/www.reuters.com\/companies\/FB.O\" target=\"_blank\" class=\"\">(FB.O)<\/a> stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after Amazon\u2019s blockbuster earnings.<\/p>\n<p>Meta\u2019s stock fell 26%, <a href=\"https:\/\/www.reuters.com\/technology\/meta-platforms-frankfurt-listed-shares-drop-tepid-forecast-2022-02-03\/\" target=\"_blank\" class=\"\">erasing more than $200 billion<\/a> in the biggest ever single-day <a href=\"https:\/\/www.reuters.com\/business\/nasdaq-futures-sink-2-after-facebooks-dour-forecast-2022-02-03\/\" target=\"_blank\" class=\"\">market value wipeout<\/a> for a U.S. company. That pulled down founder and Chief Executive Officer Zuckerberg\u2019s net worth to $85 billion, according to Forbes.<\/p>\n<p>Zuckerberg owns about 12.8% of the tech behemoth formerly known as Facebook.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When your net worth depends on the stock value of a company. Feb 3 (Reuters) \u2014 Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc\u2019s (FB.O) stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after Amazon\u2019s blockbuster [\u2026]<\/p>\n","protected":false},"author":609,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-135177","post","type-post","status-publish","format-standard","hentry","category-futurism"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/609"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=135177"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135177\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=135177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=135177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=135177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}