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Zuckerberg Loses $15 Billion as Facebook Shares Plunge

Bloomberg business news
Facebook Plunges 20% at the Open, Wiping Out $120 Billion in Value

Mark Zuckerberg is paying the price for Facebook Inc.’s disappointing earnings report. His fortune tumbled by $15 billion as of 9:35 a.m. on Thursday, erasing his gains for the year, leaving him with about $71 billion. If the decline holds through the close, he will likely slide to sixth place from third place on the Bloomberg Billionaires Index.