Web 2.0 Companies Hit All-Time Lows, Pushing Billionaire Fortunes Down
It's been a gut-check Monday for the other social media and Web 2.0 billionaires as well. Groupon cofounder Lefkofsky lost about $87 million as his company's share price fell 7.64% to close at $8.95 a share, an all-time low for the company.
Do you personally know a billionaire? If so, maybe you are doing quite well financially yourself if you are emulating the people you are hanging around with!