Zuckerberg's assets have fallen as they fell from $75 billion at the start of the year to $57 billion.
Money Magazine has released a timeline of failures and stumbles over the past year that have caused the billionaire to slide down the list of the richest people on the planet.
The storm started in March, when Christopher Wylie, co-founder of data analytics company Cambridge Analytica, revealed that he had stolen 50 million Facebook user data (later edited to 87 million accounts) and used data that had an impact on voters to serve Mr. Trump's 2016 US presidential campaign.
The keywords #March Facebook #Tam nay Facebook are widely shared by social media users around the world.
Due to lackluster sales and poor growth prospects, investors are turning a blind eye to Facebook. Zuckerberg also admitted that the security vulnerability in the previous Cambridge Analytica scandal would affect profits.
Facebook and Zuckerberg have endured the pressure of going through the worst trading day in stock value in US stock history. Facebook released its second quarter earnings report after trading hours on July 25 at $217.50/share.
But by the next day, July 26, Facebook's stock had lost more than 20% of its value. Facebook has suffered losses of up to $120 billion. Zuckerberg alone lost $15.9 billion at the end of the day and another $2.2 billion in the following days.
With the stock market on the decline, Money Magazine warned about a gloomy future for the world's largest social network when citing the statement of co-founder of WhatsApp (a Facebook messaging app) when leaving the company and posted on Twitter: "It's time. #deletefacebook.
As things could ease, the New York Times suddenly reported the company's scandals such as ignoring Russian cyber attacks, ignoring Cambridge Analytica's data abuse and even lying about hiring a data company to target billionaire George Soros in November.
Not only that, Facebook has also been criticized by UN human rights experts for allowing this social network to spread hate speech, leading to the so-called " Rohingya genderless epidemic" in Myanmar.
Mark Zuckerberg has now dropped to sixth place in the Bloomberg Billionaires Index billionaire list.
