Facebook star Mark Zuckerberg suffers ‘legendary’ setback against his net worth

Mark Zuckerberg and Facebook suffer record profit loss.

Facebook suffers horrific plummet.

Blog King, Mass Appeal

MENLO PARK — Spare change anyone? On Thursday, Facebook CEO Mark Zuckerberg learned his net worth suffered a diminution of $16 billion — easily the largest one-day plummet in U.S. stock market history. And, get this: Facebook executives are prophesying years of descending profit margins. Right now those amounts sit in the 40 percentile. “Over the next several years, we would anticipate that our operating margins will trend towards the mid-30s on a percentage basis,” said Chief Financial Officer David Wehner.

What the hell? A forecast in the mid-30s? So, how did we get here?

For starters, stock shares fell roughly 20% to $174.78. To put that in perspective… if the slide continues, Facebook promises to lose $125 billion in value — equivalent to quadruple the market capitalization of social media rival Twitter. Some blame fake news and privacy issues for the company’s nosedive.

Many are accusing Facebook of allowing the Russians to rig the 2016 presidential election. Whatever the reason, Zuckerberg and company better figure it out pronto before they end up on food stamps.

Share your thoughts below.

14 comments

  1. Good. I hope they collapse completely.

  2. Can you believe Zuck is now only worth what he was in May 2018? That’s a whole 2 months almost! I mean, 2 whole months of artificially inflated gains by traders trying to cash in just wiped out and sending him back to his late spring net worth! Some HS grads were still in HS back then!!!

  3. Facebook is simply an identity thief’s favorite website. Why people use it and take the risk is beyond me.

  4. WiseBeyondYears

    Sleep well tonight, Zuck. The best is yet to come. Welcome to the middle class.

  5. To put this in perspective, Zuckerberg lost more in a single day than Donald Trump has earned in his entire lifetime!

  6. Poo4 Mark, must be down to his last $70 billion or so after that stock market beating.

  7. J. Quayle Higgins

    I guess selling people’s personal info and censorship isn’t good for business..

  8. I do not use FB, never have and never will. MZ is a moron and FB has a lot of problems with confidentiality and privacy issues among others. There are other options. I hope that FB will be out of business forever REAL SOON.

  9. Ouch go bankrupt Facebook

  10. FB WILL BE A LIGHTWEIGHT IN DUE TIME.
    I personally almost never log on anymore.

  11. iF HE KEEPS UP THIS SHIT HE WILL BE BROKE AS A JOKE GET RID OF YOUR F.B. IT WILL KILL YOU IT’S A CIA PROGRAMME OR you’re TO STUPID REALISE F.B IS KILLING EVERYTHING WE HOLD DEAR BELIEVE IT IF YOU INVESTED IN IT YOU BETTER CASH OUT BEFORE BLACK ONE DAY …

  12. Facebook is evil I’ve been telling all my friends for years now they are starting to listen and get the hell out of Facebook

  13. Matymus The Awesomous

    Time for everyone to find a new social network to ruin. goodbye facebook.

    and when i say ruin, i mean in a potentially good way lol. I hated facebook to begin with because of the privacy issues it has always had and the mentality of zuckerberg himself.

  14. Lionquest Fitness

    Couldn’t happen to a nicer weasel…er I mean guy.

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