Mark Zuckerberg entered 2018 by making a promise of fixing Facebook. Well, we all can agree that it didn't go as planned. In fact, 2018 was the year in which Facebook was embroiled in controversies like the Cambridge Analytica scandal. Amidst all that, the company's CEO Mark Zuckerberg saw his wealth fall down by a huge margin.
Mark's net worth fell by $9 billion in 2018 and he slipped three places on the Forbes 2018 global billionaires list. (https://www.forbes.com/billionaires/#490e7b9b251c) According to Forbes, Mark's estimated net worth is $62.3 billion, down from $71 billion last year. Facebook itself lost more than a fifth of its value, as it endured data breaches and government investigations.
As the CEO of Facebook, who owns nearly 17-per cent of the stock, it's not really all that surprising to see his net worth taking a dip. Mark Zuckerberg is now the eighth richest person in the world, compared to his fifth position last year. The top three spots in the list, however, remained unchanged.
Amazon founder Jeff Bezos is in the first place with an estimated net worth of $131 billion. He is followed by Microsoft co-founder Bill Gates and Berkshire Hathaway CEO Warren Buffet with an estimated net worth of $95.6 billion and $82.5 billion respectively.
Other noteworthy names in the list include India's Mukesh Ambani and Kylie Jenner, who's now dubbed the youngest self-made billionaire.