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Facebook CEO Loses $3.3 billions As He changed Facebook News Feed

According to the latest reports, the founder
of the social network giant Facebook, Mark
Zuckerberg loses $3.3 billion after
Facebook changes News Feed.
It was on Friday when Mark Zuckerberg’s
shares fell 4.5%, this sum simply causing
him to lose about $3.3 billion of its
fortune.
Recently, we announced the new changes
which were planned by the Mark Zuckerberg
for Facebook.
Basically, Facebook will display in the News
Feed, mainly the publications of friends
and family, hence, passing to the
background the content of pages,
condemning brands, companies, products,
and this will result in less views and less
reach.
This will be a change that appeals to many,
but certainly displeased many others, and
this displeasure became evident shortly
after the announcement of the changes,
since Facebook shares fell by 4.5%, which
represented a loss of $3.3 billion for Mark
Zuckerberg as he was the fourth richest
man in the world.
This loss has made Mark Zuckerberg, for
the moment, a fortune of $74 billion,
according to the Bloomberg Billionaires
Index, losing the 4th richest man to
Amancio Ortega, a business tycoon.
Especially for those who use Facebook’s
platform to see news, follow favorite
brands, find out about information about
companies, and other subjects less
dedicated to people profiles of friends and
family, these changes will not be
advantageous, as for companies and
brands that bet strong in placing content
on their Facebook pages, since they will see
a break in their statistics.

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