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Pavel Durov's wealth has decreased by nearly three times.
• According to updated data, the founder of Telegram's capital has dropped from $17.1 billion to $6.6 billion.
• This is linked to the worsening market situation and the revaluation of Telegram's worth amid competitors' financial results.
• Additional pressure on the valuation came from Pavel Durov's financial obligations – on March 22, the entrepreneur is scheduled to repay the remaining amount on the first issuance bonds totaling approximately $1.1 billion.
$TON $NOT $USDC