Still, Zuckerberg is a very wealthy American still ranking 20th among global billionaires, according to Bloomberg data.
Bloomberg's Billionaires Index, which tracks the world's wealthiest people, has found that Facebook founder and CEO of Meta Platforms Inc., Mark Zuckerberg, has seen his wealth cut by over half so far this year.
Zuckerberg has dropped to 20th place on the index in an astonishing blow that, as Bloomberg reports, stands out even among some bad years for billionaires on the list. It's reportedly the biggest loss among the ultra-rich that has been tracked by the Bloomberg Billionaires Index.His current placement on the index is the 38-year-old's lowest point since 2014.
In February, the company released an earnings report which showed it had no growth in monthly Facebook users.
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