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General Discussion

FakeNoose

(41,234 posts)

20. He hasn't lost anything because he stlll owns the stock

Reply to kpete (Original post)

Mon Oct 4, 2021, 07:51 PM

Oct 2021

The Facebook stock might be valued at slightly less at the moment, but there are always ups and downs. As long as he doesn't sell for a loss - and that would never happen - then he still has full value. All he needs to do is wait for the price of FB shares to go back up before he sells any of them.

For all I know, he'll probably never sell any of his shares. He's already got all the money he could possibly spend in one lifetime as it is.

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Highlight:

BREAKING: Mark Zuckerberg Loses $7 Billion in Net Worth as Facebook Stock Falls [View all] kpete Oct 2021 OP

I.Don't.Care. Boomerproud Oct 2021 #1

But you took time to post this??? USALiberal Oct 2021 #5

Your grasp of the obvious is delightful LanternWaste Oct 2021 #9

Do. Yu? It's pretty hard for me to get upset over this news! abqtommy Oct 2021 #22

I doubt he cares too jimfields33 Oct 2021 #26

Wealth Tax put on him by multigraincracker Oct 2021 #2

He can afford it. MontanaMama Oct 2021 #3

I doubt he's losing sleep over it NewJeffCT Oct 2021 #4

This is probably the part that hurts most kpete Oct 2021 #6

Wow, Bernard Arnault (LVMH) is down over $50 billion in net worth from just a few months back. Celerity Oct 2021 #25

Based on the number of shares Bezos has.... A HERETIC I AM Oct 2021 #31

and he'll regain a couple Billion tomorrow... these things are up/down daily. WarGamer Oct 2021 #7

Yup. He didn't lose a thing unless he sold. A HERETIC I AM Oct 2021 #30

So sad. Ocelot II Oct 2021 #8

He's a leach on society. ffr Oct 2021 #10

Thank you!! They are NO better than fux snooz...a big part of the hole in our democracy PortTack Oct 2021 #14

I suspect that he will still be able to afford dinner Sherman A1 Oct 2021 #11

Daaaaaaaaaaaaaaaaaaaaaaaaamn! Initech Oct 2021 #12

And that will hurt him about as much as losing a sock hurts most of the rest of us n/t Silent3 Oct 2021 #13

Hurts his mountainous ego, makes me happy. Alexander Of Assyria Oct 2021 #15

Oh well. OAITW r.2.0 Oct 2021 #16

He's still in the Three Comma Club Shermann Oct 2021 #17

I hope he's on a roll... stillcool Oct 2021 #18

Kickin AKwannabe Oct 2021 #19

He hasn't lost anything because he stlll owns the stock FakeNoose Oct 2021 #20

That's the thing. He won't miss that. pwb Oct 2021 #21

How can you tax him when he has only wealth on paper? jimfields33 Oct 2021 #27

...and he'll make billions back when the stock price goes back up later this week... brooklynite Oct 2021 #23

Fuck Zuckkk Blue Owl Oct 2021 #24

Here is what I think happened Nictuku Oct 2021 #28

My surface thoughts are it had to do with the hack Sympthsical Oct 2021 #29

I don't think it was a hack Nictuku Oct 2021 #32

Thanks for the additional information! Sympthsical Oct 2021 #35

KICK orangecrush Oct 2021 #33

Wall Street paper game ! monkeyman1 Oct 2021 #34

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