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Thursday 20 September 2012

Facebook Founder, Mark Zuckerberg Becomes Poorer

Happy couple: Zuckerberg and his wife Priscilla Chan are seen in this wedding photo on his Facebook page in May. They went to Italy on honeymoon
Mark Zuckerberg and his wife Priscilla Chan

Facebook Founder and Chief executive officer, Mark Zuckerberg has lost almost  half of his 11 billion pound fortune to Facebook stock downturn. Facebook went public Last May and raised the largest amount of initial public offer in American history but unfortunately, he has lost large percentage of the money as Facebook stock plummets. Forbes, which announced the richest Americans for 2012 has indicated that Mark Zuckerberg has slipped from 14th position to 36th. Mark Zuckerberg who left for Italy with his wife  Priscilla Chana on a honey moon trip a day after he floated the public offer  has revealed recently that Facebook has seen so many turblent times but overcame and therefore hope that his company will soon bounce back to a winning public company. Last year, it gained most when compared to other public companies but today, it is volatile, Forbes reported.


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