Following weekend revelations that Facebook was exploited by data firm Cambridge Analytica in order to harvest 50 million Americans' profiles, founder Mark Zuckerberg saw his fortune drop by $3.8 billion Monday morning, Bloomberg Technology reports.
Facebook stock had plummeted 6 percent by 10:50 a.m. ET, a change of around 12 points, with the S&P 500 tugged down almost 1 percent with the social media giant as its worst performer. That drop means the company has lost around $25 billion in market value, The Independent adds.
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