Just saw Forbes slashed Pavel Durov's net worth estimate pretty hard — dropped from $17.1B all the way down to $6.6B. That's a massive correction. The whole thing basically comes down to two things: Telegram's valuation got reassessed downward as market conditions weakened, and you can't ignore the $1.1B bond payment sitting on the calendar for March 22. When your wealth estimate is built on company valuation expectations, reality hits different once the market starts pricing things more conservatively. Pavel Durov's net worth swings are basically a window into how Telegram's perceived value shifts with the broader crypto market. TON is sitting around $1.23 with a -0.74% dip today, so investors are definitely watching this situation closely.