Facebook CEO Mark Zuckerberg has lost over $ 7 billion as companies boycott Facebook ads, Fox Business reported.

As the edition noted, Facebook shares dropped 8.3% on Friday, 'eliminating $56 billion from the company's market value, after British-Dutch consumer goods company Unilever joined a number of other big brands in pulling its advertisements from the site, according to Bloomberg.'

Zuckerberg’s net worth is now $ 82.3 billion, and he’s ranked 4th on the list of billionaires after Jeff Bezos, Bill Gates, and Bernard Arnault, according to Bloomberg.

Earlier, some companies decided to boycott ads on Facebook and Instagram as part of the #StopHate4Profit campaign.