According to Bloomberg Billionaires Index, Zuckerberg dropped from the top 40 list after Facebook hit an all time low of $28.84 on the Nasdaq. His worth fell over $1 billion to 14.7 billion from $16.2 billion in a matter of just days.
Many people are feeling the impact of the Facebook IPO dropping. 20% of the top 20 youngest billionaires in the world are because of Facebook.
Since Facebook went public, it has been a downward spiral opening at $38 and losing more than $25 billion in it’s first week alone. Nasdaq blamed many of the problems on technical glitches.
Who feels bad for him?