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All in a day: Zuckerberg loses $29 billion, Bezos set to pocket $20 billion

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Mark Zuckerberg lost $ 29 billion in net worth on Thursday because Meta Platforms Inc. shares marked a one-day record, while fellow billionaire Jeff Bezos would add $ 20 billion to his personal assessment after the Amazon blockbuster income. Meta shares fell 26%, removing more than $ 200 billion in the best day market value Wipeout for US companies It was interesting the founder and Chief Executive Officer Zuckerberg’s Net worth $ 85 billion, according to Forbes Zuckerberg has around 12.8% of Behemoth Tech which was previously known as Facebook. Bezos, founder and chairman of the Amazon e-commerce retailer, have around 9.9% of companies, according to refinitiv data. He is also the third richest man in the world, according to Forbes.

Amazon vacation breakout profit soared, thanks to his investment in the Rivian electric vehicle company; And the company said it would raise the annual price of the main subscription in the United States, sending its shares up 15% in extended trade and preparing it for the biggest percentage increase since October 2009 on Friday Bezos’s net power rose 57% to $ 177 billion in 2021 from the previous year, according to Forbes, most of the Amazon boom during pandemic when people were very dependent on online shopping.

The decline in a wealth of one day Zuckerberg was one of the biggest ever and came after Tesla Inc. Top Boss Elon Musk $ 35 billion lost a single paper in November. Musk, the richest person in the world, then has touched Twitter users if he has to sell 10% of his shares in an electric car maker. Tesla shares have not recovered from the cellloff produced.

Following Wipeout $ 29 billion, Zuckerberg was in the twelfth place in the list of real-time forbes billionaire, under the Mogul Business India Mukesh Ambani and Gautam Adani. To be sure, the trading of technology stocks remains fluctuating because investors struggle for prices in the impact of high inflation and expected interest rate increases. Meta shares can be recovered better than later, with a hit to Zuckerberg’s wealth that remains on paper. Zuckerberg sells meta shares worth $ 4.47 billion last year, before Rout Tech 2021. Sales of shares was carried out as part of the 10B5-1 trade plan Previously determined, the executive used to eliminate worries about trafficking insiders.

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