Mark Zuckerberg, the CEO of the world’s largest social media network, lost $3.3billion off his net worth on Friday
Facebook shares fell 4.5 percent on Friday after the closing bell on Wall Street
Zuckerberg’s decision to prioritize posts from family and friends over brand-driven content on Facebook’s News Feed has cost him a small fortune
Zuckerberg, who began the day worth $77.8billion, is now worth $74billion, according to Bloomberg
That means Spanish retail billionaire Amancio Ortega has now leapfrogged Zuckerberg to take fourth place on the list of the world’s richest people
Changes will mean a family video clip will be prioritized over company posts
Zuckerberg said it would be better for users and for the business in the long term
But the market appears to disagree with the CEO's assessment