Just saw Forbes dropped Pavel Durov's net worth estimate from $17.1B down to $6.6B — that's a pretty wild swing. Apparently the market reassessment hit hard, with weaker conditions and a fresh look at Telegram's actual valuation against other players.

The timing is brutal though. Durov's facing a $1.1B bond repayment that was due March 22, so the pressure's real. When your wealth estimate is built on expectations rather than hard cash, the market pulls it back to reality quick — especially when you've got debt staring you down.

It's a good reminder that even for founders of major projects, paper wealth can shift fast when market conditions change. TON sitting at $1.25 (+2.05%) right now, but the Pavel Durov net worth situation shows how quickly things can recalibrate.