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Old 07-26-2018, 04:15 PM  
T-post Tom T-post Tom is offline
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Zuckerberg Loses $16.8 Billion in Facebook Stock Drop
Zuckerberg's $16.8 Billion Wipeout Into Perspective

(Bloomberg) -- For many of the world’s richest people, losing $16.8 billion in a day would be a wipeout.

For Mark Zuckerberg, it’s just about a fifth of his net worth.

The Facebook Inc (NASDAQ:FB). co-founder, chairman and chief executive officer is set to see his wealth slide to sixth place from third on the Bloomberg Billionaires Index after the company’s shares lost of 20 percent their value in after-hours trading Wednesday, as the stock plunged following disappointing results.

It’s an evaporation of wealth so big it would have left the following multi-billionaires without a cent to their name:
  • Charlene De Carvalho-Heineken -- she is the biggest shareholder of the world’s second-largest brewer Heineken NV and has a net worth of about $16.7 billion
  • Iris Fontbona & family -- Fontbona is the matriarch of Chile’s richest family, which controls Antof@gasta (LON:ANTO) Plc (among the world’s largest copper producers)
  • Leonard Lauder -- chairman emeritus of Estee Lauder Cos Inc., one of the largest makers of cosmetics and fragrances globally
  • Zhang Zhidong -- co-founder of Tencent Holdings Ltd. and has a net worth of $16.2 billion
  • Elaine Marshall -- a director at Koch Industries Inc., the second largest closely held business in the U.S.
  • William Ding, chief executive officer of NetEase Inc. with a fortune of $16 billion

In fact, it would have wiped out 87 percent of the billionaires in Bloomberg’s index.

https://www.investing.com/news/stock-market-news/putting-zuckerbergs-168-billion-wipeout-into-perspective-1545851
Last edited by T-post Tom; 07-26-2018 at 04:25 PM..
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Old 07-26-2018, 08:50 PM   #31
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Maaaaaaan I got on it in college when it was restricted to colleges.

I got right the **** out of there when my family started posting reeruned shit.
Yeah me too. I remember some of us were offended because our non-college friend was finally able to get a facebook page. My facebook hasn't been updated at all in about 10 years. I just let my wife tell me what is going on. I get on mine from time to time to sell stuff on our neighborhood buy/sell site.

I actually always liked Myspace better anyway.
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Old 07-26-2018, 08:52 PM   #32
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Maaaaaaan I got on it in college when it was restricted to colleges.

I got right the **** out of there when my family started posting reeruned shit.
Nothing much has changed.
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Old 07-26-2018, 08:54 PM   #33
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Nothing much has changed.
I think it has, hasn't it? It used to be a place to try to snag girls when it was the college thing. Now it's old people whining about politics.
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Old 07-26-2018, 08:54 PM
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Old 07-26-2018, 08:55 PM   #34
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Yankees have considered Mike Moustakas. See the asking price as high for now.

https://twitter.com/JonHeyman/status...082050048?s=19

Yet again, Moore needs to reevaluate his asking price in trades. Take what you can get for Moose before it's too late.
So, like, did you find this news on facebook or something?
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Old 07-26-2018, 09:02 PM   #35
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I think it has, hasn't it? It used to be a place to try to snag girls when it was the college thing. Now it's old people whining about politics.
I guess you're right.
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Old 07-26-2018, 09:05 PM   #36
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I think it has, hasn't it? It used to be a place to try to snag girls when it was the college thing. Now it's old people whining about politics.
Sounds like the DC forum and you hangout there.

Quite ironic.
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Old 07-26-2018, 09:06 PM   #37
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Sounds like the DC forum and you hangout there.

Quite ironic.
I hang out there because there were only 2 interesting active threads happening in the lounge, and the Breeland one was a bunch of BS.
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Old 07-26-2018, 09:07 PM   #38
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I hang out there because there were only 2 interesting active threads happening in the lounge, and the Breeland one was a bunch of BS.
See, you did it again.

You're old.

And whiny.
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Old 07-26-2018, 09:09 PM   #39
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See, you did it again.

You're old.

And whiny.
What? The Breeland thread had reached the point where we were just trying to get to 1000 posts.

What, are you like some kind of old grandpa that really likes Facebook or something?
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Old 07-26-2018, 09:28 PM   #40
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What? The Breeland thread had reached the point where we were just trying to get to 1000 posts.

What, are you like some kind of old grandpa that really likes Facebook or something?
Keep complaining old man!!!
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Old 07-26-2018, 09:44 PM   #41
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Awesome...so when does Facebook go under? I hated it even before it got all political.
With the way they constantly shit on their user base they really should have already. But we all keep coming back even though there's viable alternatives out there.
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Old 07-26-2018, 09:45 PM   #42
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Keep complaining old man!!!
HEY KEEP IT DOWN MATLOCK IS ON NOW
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Old 07-27-2018, 07:26 AM   #43
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With the way they constantly shit on their user base they really should have already. But we all keep coming back even though there's viable alternatives out there.
What viable alternatives?
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Old 07-27-2018, 08:29 AM   #44
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Got on when it was college only. They need to require a certain level of IQ to be on there now.
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Old 07-27-2018, 08:56 AM   #45
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What viable alternatives?
Yeah, I'd switch. But then again, part of the problem with Facebook is people putting up stupid stuff that's just copied and pasted. But I'm against them stealing personal information as well.

I wish there was a version of Facebook where you only got original content and nothing could be "shared" with you.
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