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Chris Wysocki
Caldwell, NJ
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Mark Zuckerberg has dropped out of the Top 40. Billionaires, that is. Bloomberg keeps a list. Last week he made the cut, this week as Facebook stock keeps free-falling so does his once mighty fortune.
Mark Zuckerberg's net worth took a pretty big hit the past week, as investigators reviewed Facebook's bungled IPO and the company's shares slid farther and farther below their offering price.
Shares of Facebook fell below $29 yesterday for the first time, and the company's co-founder and CEO saw his fortune tumble right along with it. According to Bloomberg, Zuck's 503.6 million shares are now worth $14.7 billion, which knocks him off Bloomberg's Billionaire's Index of the 40 wealthiest individuals in the world.
So it's no wonder Zuck's making a few cutbacks. Like, stiffing his waiter after lunch in Rome.
The owners of the kosher restaurant in Rome's Jewish Ghetto — a historic quarter in the centre of the city — were surprised when Mr Zuckerberg and Priscilla Chan walked away without leaving a gratuity.
Their bill came to just 32 euros after a lunch consisting of deep-fried artichokes — a Roman Jewish speciality — fried pumpkin flowers and ravioli stuffed with sea bass and artichokes.
Waiters at Nonna Betta, which specialises in Roman Jewish cuisine, were amazed by Mr Zuckerberg's parsimony.
Geez. The guy just lost $4.4 billion dollars and you turkeys are complaining about a measly coupla euro tip? What's wrong with you! He's practically penniless now! If his bad luck keeps up he may have to ask Donald Trump for a loan.
Or maybe, which incidentally takes all the fun out of blog posts like this, Zuck was just doing what the locals do. Europeans don't tip because the service charge is built in. I remember reading that in a guidebook somewhere.
Now let me give you guys a tip.
Don't buy Facebook stock. To quote Billy Ray Valentine from Trading Places,
we still haven't cleared out all the
suckers yet.
Posted at 14:53 by Chris Wysocki
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