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This Article is From Nov 04, 2016

Zuckerberg Fortune Tumbles as Facebook Growth Set to Slow: Chart

Zuckerberg Fortune Tumbles as Facebook Growth Set to Slow: Chart

(Bloomberg) -- Mark Zuckerberg lost $3 billion on Thursday, more than anyone else on Earth, after executives suggested Facebook Inc. probably won't be able to keep up with its explosive pace of growth much longer. The sobering comments came on a Wednesday evening earnings call even as the Menlo Park, California-based company reported third-quarter sales increased 56 percent to $7.01 billion. Zuckerberg is the world's fifth richest person with a $52 billion fortune, according to the Bloomberg Billionaires Index.

To contact the reporter on this story: Tom Metcalf in San Francisco at tmetcalf7@bloomberg.net. To contact the editors responsible for this story: Robert LaFranco at rlafranco@bloomberg.net, Sophie Caronello

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