idonhammer:
Mark is a wicked modafoka. He will continue loosing more until he remove all his useless policies and restrictions and allow men to bomb facebook members in peace.He never see nothing sef

Yahoo boy spotted

Some people thought he lost cash. it is just share value that may rise or fall to zero anytime.

Cool if only I can loose 1billi nd dnt give a flying fkcu

.

Hmmmmmmm

E dey happen, the graph just showed a depression, it would still rise, nothing to give up.....

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He's still a billionaire.

Mark is greedy,

He changed policies to force startup marketers to pay in advertisement after spending money on building their Facebook pages. Now he end up loosing more
No

glosplendid:

Happy new year nairalanders,,just recently graduated and looking for a job instead of staying home doing nothing,,,my location is Abuja,,please any decent job with a good pay is okay by me,course:political science and international relations ,..contact:glosplendid@gmail.com

What kind of job would you like to do? Decent doesn't really describe it. Care to be more specific?

Chai!!.
Some white men can feed Nigeria.

greyham:


What kind of job would you like to do? Decent doesn't really describe it. Care to be more specific?

any job you think is decent ...thank you

glosplendid:
any job you think is decent ...thank you

So if you were sitting in front of Gov Ambode and he asked what job you wanted so he could make a call, you will respond with 'any job is ok"?

What do you want to do? Where do you see yourself? What do you want to become?

Do better lady.

If my name don't appear in Forbes list wetin I gain. Meanwhile Technology is the future
Amazon
Microsoft
Facebook
Google
Apple

Has made lots of money more than people who started retail trading since 1920s

Something that can never be achieved on a BMC allawee.

post=74431228:
He has is ways of gaining it back in little time!

He earns an average of 4 million dollars per day anyways........

****Noted!****

eya iam sorry for him o

Ayo081:

You don't understand Their greatest fear is not death but being broke

I don't imagine someone owning 54 billion dollars ever getting broke.

Once you're a multi billionaire, losing even 70 percent of your wealth won't render you broke.

On the other hand, all these billionaires are wealthy only in stocks and not cash. That's why their fortunes rise and fall with the performance of their companies and the stock market. So if by some freak chance the company' went down, they'd lose everything.

Zuckerberg probably does not even have 20 million dollars cash in his account.

mayprince:
Although, mark zuckerberg was the biggest loser,his current net worth higher is still higher than the top 10 biggest billionaire winner except Jeff Bezos and Bill gate,world top billionaire for 24 years(until it was taken by Jeff Bezos as at 2018) with a current net worth of $93.9 billion(increase of $2.9 billion)

Carlos Slim from Mexico was top for some years taking it from Gates as well.

haha. thos one weak me. Na true sha. if we all make money, all of us go dey alright.

idonhammer:
Mark is a wicked modafoka. He will continue loosing more until he remove all his useless policies and restrictions and allow men to bomb facebook members in peace.He never see nothing sef

mefalido1:
loser! how

I wonder oooo .... 52biliion Neva do....

Some is still making billions and u guy's are calling him a loser..
Mark pls relocate to Nigeria we will give chieftency title

See money.. He lost more than Dangote's networth

he visited buhari apc where he had a platform with Osinbajo in 20l7 December or so ......20l8 he got the consequence , deterioration, disappointment , is not good for any serious business owner to associate with this govt.. your business will just dwindle and may even die...

Seun is even richer than him. If you know,you know

WaffenSS:


I don't imagine someone owning 54 billion dollars ever getting broke.

Once you're a multi billionaire, losing even 70 percent of your wealth won't render you broke.

On the other hand, all these billionaires are wealthy only in stocks and not cash. That's why their fortunes rise and fall with the performance of their companies and the stock market. So if by some freak chance the company' went down, they'd lose everything.

Zuckerberg probably does not even have 20 million dollars cash in his account.

don't be too sure tho.


Most of these billionaire have at least 20% of their net worth in liquid and not so liquid assets, plus the annual dividend they get from their company's profits

So if the share price plunge, their net worth will dive, but getting flat broke is EXTREME

Ugosample:


don't be too sure tho.


Most of these billionaire have at least 20% of their net worth in liquid and not so liquid assets, plus the annual dividend they get from their company's profits

So if the share price plunge, their net worth will dive, but getting flat broke is EXTREME

Precisely my point

But being that the bulk of their fortunes is in stock holding, and tied to the fortunes (so to speak) of the company, their wealth can be practically completely eroded if the company collapses. When Lehman Brothers sank the owners lost everything and went personally bankrupt.

They don't want liquid because of taxation.

Warren Buffett has a few pieces of art and a credit card; virtually all his wealth is in Berkshire Hathaway. The man is known to be excessively frugal after all.

So if BH crashes, Buffett would be effectively bankrupt. Not absolutely broke in the Nigerian sense, but desperately in hard times.

Of course, the likelihood of any government allowing major corporations to crash in these days of huge bailouts and stringent corporate governance policies is tough.

WaffenSS:


Precisely my point

But being that the bulk of their fortunes is in stock holding, and tied to the fortunes (so to speak) of the company, their wealth can be practically completely eroded if the company collapses. When Lehman Brothers sank the owners lost everything and went personally bankrupt.

They don't want liquid because of taxation.

Warren Buffett has a few pieces of art and a credit card; virtually all his wealth is in Berkshire Hathaway. The man is known to be excessively frugal after all.

So if BH crashes, Buffett would be effectively bankrupt. Not absolutely broke in the Nigerian sense, but desperately in hard times.

Of course, the likelihood of any government allowing major corporations to crash in these days of huge bailouts and stringent corporate governance policies is tough.

interesting


my personal rule is to keep 20-25% of my net worth in liquid, semi liquid and some property

While i can play with the others

having all my wealth in one place is not wisdom to me

post=74431228:
He has is ways of gaining it back in little time!

He earns an average of 4 million dollars per day anyways........

****Noted!****

How does he earn dat?

Ugosample:


interesting


my personal rule is to keep 20-25% of my net worth in liquid, semi liquid and some property

While i can play with the others

having all my wealth in one place is not wisdom to me

Well real businessmen don't look at liquid as true wealth or assets; just means to an end.

True wealth either appreciates or is immutable, while liquid is...well... liquid.

No wonder the truly rich invest in items with intrinsic value such as paintings, scuptures, and other pieces of art. You don't pay taxes on those for owning those while you do for liquid.

As for stocks, well: it's foolish wealth. Virtual riches even, since it's mostly speculative and refers to fortunes that exist only on paper and in computers. Most corporations have restrictions on trading your shares as a CEO on the pain of litigation for insider trading or influencing the market, so converting stocks to liquid isn't as easy and straightforward.

A lot of CEOs earn a dollar a month and get the bulk of their compensation in stocks and shares. Little tax to pay, and lots of high networth.

But then, when your networth is in the billions of dollars range, you don't really need much cash to live; hotels would give you free royalty suites just to market your visitation as an accolade to attract more visitors. "Why, Zuckerberg stayed in this very room!"

Good to be rich, virtual or real.

WaffenSS:


Well real businessmen don't look at liquid as true wealth or assets; just means to an end.

True wealth either appreciates or is immutable, while liquid is...well... liquid.

No wonder the truly rich invest in items with intrinsic value such as paintings, scuptures, and other pieces of art. You don't pay taxes on those for owning those while you do for liquid.

As for stocks, well: it's foolish wealth. Virtual riches even, since it's mostly speculative and refers to fortunes that exist only on paper and in computers. Most corporations have restrictions on trading your shares as a CEO on the pain of litigation for insider trading or influencing the market, so converting stocks to liquid isn't as easy and straightforward.

A lot of CEOs earn a dollar a month and get the bulk of their compensation in stocks and shares. Little tax to pay, and lots of high networth.

But then, when your networth is in the billions of dollars range, you don't really need much cash to live; hotels would give you free royalty suites just to market your visitation as an accolade to attract more visitors. "Why, Zuckerberg stayed in this very room!"

Good to be rich, virtual or real.

different strokes for different folks mehn