Mark Zuckerberg loses $2.8 billion in a single day

Coronavirus pandemic repossession for the second wave continues to hit the US economy and the rest of the world. The market in the US took a hit on Monday, resulting in 10 rich people with deep pockets losing around $14 billion in a single day, Forbes reports.

Dow Jones Industrial Average fell 659 points on Monday, Nasdaq composite was down by 1.6%. The drop is a direct result of a spike in COVID-19 new cases. Because of the delay in the second stimulus plan that does not seem to be coming before December things are looking shady for most US businesses.

Want a Free Website

It was not a good Monday for many individuals, the single-day loss impacted Facebook’s CEO Mark Zuckerberg, he lost $2.8 billion in one day.

Also on the list is Bill Gates, losing $1.7 billion. His net worth is still over $115 billion according to Forbes.

Other billionaires on the list include Elon Musk and Warren Buffett who took the hit as well. This may come as a surprise but Amazon CEO Jeff Bezos actually added to his fortune on Monday and saw an increase in his wealth, Forbes reports.

Want a Free Website