5 years ago
Mark Zuckerberg actually got $1 billion richer following the news of Facebook's $5 billion fine for the biggest scandal in the company's history
Facebook is about to get slapped with a $5 billion fine by the Federal Trade Commission because of the Cambridge Analytica scandal, where data from over 50 million users was used without permission. In a surprising twist, Facebook's stock value actually rose by 1% on Friday following the news of the FTC's landmark fine — and Facebook CEO Mark Zuckerberg owns a whopping 88.1% of Facebook's shares.
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