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Facebook controversies hitting hard on its CEO wealth

Shortpedia

Content Team
Image Credit: Shortpedia

Facebook was in news for various reasons, one of them is data breaching. The controversies Facebook has bagged this year have hit the wealth of its CEO, Mark Zuckerberg, whose wealth has gone down by $17.4 billion in 2018. The CEO, earlier, was at 3rd position on the Bloomberg Billionaires Index and has now slipped to 6th position, with the fall in shares of its company by 3% on Friday. His current net worth is $55.3 bn.