Facebook Founder Loses 19.9 Billion Dollars But Remains Grateful

Facebook Founder Loses 19.9 Billion Dollars But Remains Grateful

Playqiuqiu.com, New York – Mid this year, Facebook CEO Mark Zuckerberg was the number three richest person in the world. Half a year later the rankings were thrown out of the top five and became the most losing billionaire in 2018 according to Forbes.

According to the latest Bloomberg Billionaire Index data, Mark Zuckerberg’s wealth decreased by USD 19.9 billion from 2017. Now he is ranked seventh on the list, two ranked below Amancio Ortega who is Zara’s boss.

In a year-end letter distributed on Facebook, Mark Zuckerberg claimed to remain happy with Facebook’s progress this year. He also thanked his team on Facebook, as well as partners and researchers.

“I am proud of the progress that we have made in 2018 and thank everyone who helped us to get to this stage the teams within Facebook, our partners and independent researchers and everyone who gave us a lot of feedback,” Zuckerberg wrote.

Zuckerberg is also committed to improving various things on Facebook so that it can continue to be a community gathering place. This includes efforts to fight sensational news and misinformation, as well as content of terrorism.

The decline in Mark Zuckerberg’s wealth is related to the fall in Facebook’s stock prices due to various issues. The platform he created in 2014 was the center of controversy because he was accused of selling user-owned public data to third parties. The data is supposed to be used for advertising insight, even political goals.

There are also cases of the 2016 US presidential election. Supporters of failed candidates Hillary Clinton views Facebook as the source of defeat because it is a source of spreading false news by Russian agents. Facebook also promised to cooperate with governments around the world in securing elections from false news.

Pressure from investors so that Mark Zuckerberg resigned as chairman of Facebook did not make the 34-year-old man unmoved. He ensures that he will stay in the company.

This was revealed by Zuckerberg in a recent interview with CNN. As quoted by the Daily Mail, Thursday, there are no plans for him to step down from the chairman of Facebook.

In the interview, Zuckerberg also highlighted his relationship with Facebook’s number two person, Sheryl Sandberg. Moreover, word got out that he blamed Sandberg for a variety of cases that hit Facebook at this time.

In fact, Sandberg reportedly was worried about the position in the company. However, Zuckerberg ensured that Sandberg’s position in the company was still safe and unchanged.

“Sandberg is an important part of this company and is working hard to solve the problems faced by the company,” Zuckerberg said.

Priscillia Chan’s husband also brushed aside a variety of bad views about Facebook circulating lately. According to him, Facebook has tried to resolve these various problems with the government and non-profit organizations.

Previously, from the report of The Wall Street Journal, Zuckerberg reportedly had blamed Sandberg and his team for data abuse cases involving the political consulting firm Cambridge Analytica.

To the influential woman on Facebook, Zuckerberg said, Sandberg should be more aggressive in handling troublesome content and problems.

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