Zuckerberg’s Bad Day

So, Mark Zuckerberg had a bad day at the office. He lost $3 billion dollars in one day when Facebook shares dropped 5.5%. How’s it that possible? Well, the guy owns 418 million shares of his own company, which is worth about $50 billion, making him the 5th richest man on earth.

Of course, he actually doesn’t have all this money in his pocket. The money¬†tied up on the market on the shares he owns, until he dumps some of them and cash them out. Based on his money tied to the market, his net worth will go on the same direction as the market goes.

Essentially, Zuckerberg is going to have good days and bad days.