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Sinking Stock Pushes Zuck Off Billionaires Index

As of yesterday, he was no longer one of world's 40 richest

By Kate Seamons,  Newser Staff

Posted May 30, 2012 8:33 AM CDT

(Newser) – As of yesterday, Priscilla Chan was no longer married to one of the world's 40 richest people. Bloomberg reports that Facebook's much ballyhooed drop below the $30-a-share mark yesterday caused Mark Zuckerberg to drop from the list. With the stock closing at $28.84, his fortune decreased from $16.2 billion on Friday to $14.7 billion yesterday. That boots him off of Bloomberg's daily Billionaires Index, and behind Luis Carlos Sarmiento, the richest man in Colombia.

To hop over him, Zuck's wealth will need to rise $800 million. He's off to a less-than-promising start: Shares opened at $28.40 this morning, down 44 cents.

In this Oct. 6, 2010 file photo, Facebook CEO Mark Zuckerberg checks his cell phone after a product announcement at Facebook headquarters in Palo Alto, Calif.
In this Oct. 6, 2010 file photo, Facebook CEO Mark Zuckerberg checks his cell phone after a product announcement at Facebook headquarters in Palo Alto, Calif.   (AP Photo/Paul Sakuma, File)
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COMMENTS
Showing 3 of 13 comments
LevelTen
May 31, 2012 3:18 PM CDT
We are going to send 800k in small unmarked bills. 
Tology
May 31, 2012 4:14 AM CDT
Hahaha, I'll bet he is pooping his pants watching his billions disappear.
rahgoo
May 31, 2012 3:05 AM CDT
 Personality exposure is what Facebook is about.   People no longer will be able to hide their spiritual or material needs. If its cheap sex or expensive cars, Facebook will provide it.
 

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