Facebook co founder Zuckerberg loses 4th richest persons spot to Zara Founder

Posted on:14 Jan 2018 09:00:01
Facebook co founder Zuckerberg loses 4th richest persons spot to Zara Founder
14 January 2018 Current Affairs: Facebook CEO Mark Zuckerberg has lost his place as the world's fourth-richest person to Zara Founder Amancio Ortega.

Zuckerberg's fortune fell by $3.3 billion after he revealed plans to shift users' News Feed towards content from family and friends, instead of content from publishers and businesses.

Facebook shares tumbled nearly 4.5%, reducing Zuckerberg's fortune to $74 billion.

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