A sharp decline in Zuckerberg’s fortune and losses affect “Meta”

Mark Zuckerberg ranked third in the list of the world’s richest people two years ago, but this year he has become the 22nd among global billionaires, the lowest position he has occupied since 2014.

  • A drop in Zuckerberg's fortune and losses...
    Huge drop in Zuckerberg’s fortune

Mark Zuckerberg’s fortune has fallen by $71 billion this year, the largest drop the American businessman has experienced by more than any other billionaire tracked by Bloomberg’s ratings.

According to the British newspaper, “dailymail”, Mark Zuckerberg’s net worth has nearly halved, with his net worth now estimated at $55.9 billion, after his net worth was $142 billion in September of 2021, and yesterday. On Tuesday, his fortune was only $56 billion.

According to Bloomberg Agency, Mark Zuckerberg ranked third in the list of the world’s richest people two years ago, but this year he has become the 22nd among global billionaires, the lowest position he has occupied since 2014.

The report indicates that the billionaire born in New York, his wealth has been steadily fading since he launched the name “Meta”, the parent company of Facebook, in October 2021, as the company’s shares declined after changing its brand from Facebook to Meta.

Meanwhile, Mark Zuckerberg’s loss of $71 billion of his fortune comes after the 38-year-old businessman was subjected to intense scrutiny for his content-related policies during the 2016 US presidential election, as well as the Cambridge Analytica scandal that could cause him to be fired. According to recent reports.

In addition, to other legal battles over censorship and content monitoring, Mark Zuckerberg was recently called to testify before Congress, where Republicans accused him of censorship, while Democrats claimed that he did not do enough to monitor the content published on his platform.


The article is in Arabic

Tags: sharp decline Zuckerbergs fortune losses affect Meta

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