Calgary Herald

ZUCKERBERG FORTUNE LOSES $4B

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Facebook founder and chief executive officer Mark Zuckerberg ’s fortune slid US$4 billion Thursday as shares of his Facebook Inc. dropped 5.7 per cent, a day after the social-media giant posted its slowest-ever quarterly sales growth. The decline left the chief executive officer with an US$81 billion fortune, with the shares trading at US$210.41 apiece. They ended the day at US$209.53. Zuckerberg, 35, remains the world’s fifth-richest person, according to the Bloomberg Billionair­es Index. The ranking officially updates after the close of each trading day in the U.S. Despite the drop, Zuckerberg’s net worth is still up this year. Zuckerberg’s fortune had climbed US$6.6 billion through Wednesday. Shares of Menlo Park, Calif.-based Facebook had dropped as much as 8.3 per cent Thursday before paring the decline to 6.14 per cent on the day.

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