The founder of Facebook has lost almost a quarter of his net worth after a very bad year for the social media giant. Mark Zuckerberg, the 34-year-old multi-billionaire, is set to be have $15 billion less as the constant bad news surrounding his social media giant took its toll on his fortune, according to Money Magazine. Zuckerberg lost $15.9 billion by the end of the day, and another $2.2 billion in following days. COO Sheryl Sandberg testifying to the U.S. Senate about foreign operations on social media in September. German car parts industrialist Georg Schaeffler finds himself in second place with a loss of $13.8 billion for the year.

Source: Daily Mail December 16, 2018 01:52 UTC