Even more dramatic: the net drop is over 11 years.
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This latest dip in the value of his holdings comes after a much larger net worth drop.
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Mark Zuckerberg, the second-youngest, also saw his net worth drop off a cliff after the Facebook IPO flop.
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The company has seen net income drop for three quarters in a row.
In the six months to the end of September, Singapore Airlines saw its net profits drop by 88% compared with the same period last year.
According to one recent study on "Marriage and Divorce's Impact on Wealth, " published in The Journal of Sociology, divorced people see their overall net worth drop an average of 77%.
Last year, for the first time, the company saw a net decrease in the number of stores it operates and a drop in net revenue from the previous year.
Speculators remain net short in copper for both the disaggregated and the legacy report, but saw the net short position drop.
Ming said yesterday net profit would drop by 64-67% from a year earlier, worse than an earlier projected fall of 25-45%, according to a company statement.
The most memorable moment came in the final set, when Goffin scrambled after several Federer shots, lofted a pretty backhand lob over Federer and then sneaked toward the net for a drop volley winner.
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All the precious metals saw an increase in net-long positions, while there was a slight drop in copper net-long positions by speculators.
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Standard Bank said the sharp drop in the net-long position was equal to a 19.2% week-over-week drop, which they said made silver the worst performer among the precious metals.
FORBES: FOCUS: Speculators' Net-Long Position In Gold Rebounds Temporarily - CFTC
The drop in net income in the first quarter came after three straight quarters of year-over-year profit increases.
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The drop in net income in the third quarter came after three straight quarters of year-over-year profit increases.
The drop in net income in the second quarter came after three straight quarters of year-over-year profit increases.
The drop in net income in the second quarter snapped a streak of two straight quarters of year-over-year profit growth.
Speculators remain net short in copper for both the disaggregated and the legacy report, but saw the net-short position drop.
FORBES: FOCUS: Speculators Continue To Cut Exposure To Most Metals- CFTC
The drop in net income in the third quarter snapped a streak of two straight quarters of year-over-year profit growth.
On the day Hong Kong Disneyland was announced, Paris Disneyland reported a 46.6% drop in net profits, year on year.
On March 30th Baosteel, China's biggest producer, reported its first quarterly drop in net profits in more than three years.
The profit rise in the fourth quarter of the last fiscal year followed a drop in net income in the quarter prior.
Sanyo, another focused electronics firm, reported a 62% drop in net profits on the same day that Canon announced its cheery results.
Humana, one of the biggest for-profit HMOs, reported a drop in net income of nearly 94% for 1996 after some special charges.
Pressure group Migration Watch UK welcomed the overall drop in net migration.
Company gained 2 million new subscribers in 2008 (more than rivals) but posted drop in net profits, in part because it's selling fewer handsets.
The Finnish handset maker reported a 1.4% drop in net income after losing ground to rivals Research in Motion (RIMM) and Apple in the lucrative smartphone market.
Despite a boost in sales, Creative reported an 85.5 percent drop in net profit in its first financial quarter to September compared to the previous's year's quarter.
Except for Wipro, analyst heard by the ET said that the other three players are likely to report a sequential drop in net profit for the December quarter.
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Amazon beat both top and bottom line expectations as it posted second quarter earnings after the bell on Tuesday, sending its stock through the roof despite a drop in net income.
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Ford Motor reported a slight drop in net income for the third quarter compared to a year ago, and said its profit margin would be squeezed for the remainder of the year on higher costs.
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