Zuckerberg loses $29 bn, Jeff Bezos gains $20 bn

San Francisco, February 4 Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc’s stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after...

PTI

Updated At : 01:41 PM Feb 05, 2022 IST

San Francisco, February 4

Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc’s stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after Amazon’s blockbuster earnings.

Meta stock sinks 26%
Meta’s stock fell 26%, erasing more than $200 billion in the biggest ever single-day market value wipeout for a US company
This pulled down founder and CEO Mark Zuckerberg’s net worth to $85 billion

Meta’s stock fell 26%, erasing over $200 billion in the biggest ever single-day market value wipeout for a US firm. Zuckerberg owns about 12.8% of the Meta, formerly known as Facebook. —

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Suggested Articles