Now he's only the 20th richest person in the world.
Much of the loss has been attributed to Zuckerberg’s restructuring of the larger Facebook company into Meta, with its aim of taking over the metaverse. Following the change in October 2021, the company’s earnings reports have been less than stellar. And in February, Facebook reported zero growth in monthly users, with Zuckerberg losing $31 billion inMeta is faring poorly thanks to a host of other factors as well.
While it must not feel great to be Mark Zuckerberg right now, he’s at least in good company. Several tech billionaires havevast amounts of their wealth this year, too. Jeff Bezos is down a cool $46 billion, while Larry Page has seen $34 billion disappear.Related Stories
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