Just saw Forbes quietly revised Pavel Durov's net worth down from $17.1B to $6.6B — that's a pretty brutal correction. Apparently the reassessment came after they took a harder look at Telegram's valuation against what other platforms are actually worth in the current market.

What's interesting is the timing pressure here. Durov has a $1.1B bond repayment that already hit in late March, so the valuation cut probably made that debt situation feel even more real. When you're running a company on paper valuations, the market has a way of forcing you back to actual numbers pretty quick — especially when you've got a major payment date staring you down.

TON is holding around $1.23 right now with slight downside pressure. The whole situation is a good reminder that even for high-profile founders, when market conditions shift and debt comes due, the spreadsheet doesn't lie. Pavel Durov's net worth fluctuations are basically a case study in how fast perception can reset when reality checks in.