Mark Zuckerberg, Facebook

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Mark Zuckerberg Loses $5 Billion After Cambridge Analytica Controversy

March 20, 2018

While Mark Zuckerberg is probably still able to roll around in gagillions of dollars, he is down a couple of bucks, somewhere around $5 billion. And that number could be dropping.

Needless to say, but Facebook users aren’t too happy with Facebook’s involvement with the Cambridge Analytica controversy or data breach. On Monday, Facebook’s shares went down by about 8% after word spread that Facebook had been selling off personal information. After that the information was allegedly used for political purposes.

Mark Zuckerberg Loses $5 Billion (via TIME)

In just a few hours, Zuckerberg’s worth dropped from around $75 billion to a measly $69.5 billion. 

In the meantime, people are running to Twitter urging people to #DeleteFacebook.

Facebook is also holding a company meeting later on this morning. Employees of the company will be able to ask questions about the data drama. 

Stayed tuned. This is going to get interesting.