2022 is a completely difficult year for him Mark Zuckerbergas its founder Facebook and Meta saw half of it estate of winging it, causing him to drop several places in his ranking Bloomberg with the billionaires.
In accordance with bloomberg.comthe January 1 had $142 billion and they were in 6th place on the list, though fell 14 placesas a result it is now in 20th place with 55.9 billion.
The entrepreneur appears to attribute much of the loss to the restructuring of most of Facebook into Meta, aiming to dominate the metaverse. Initially, after the change, in October 2021, the company’s earnings reports were astronomical, but the following February, Facebook reported zero growth in monthly users, with Zuckerberg losing 31 billion in a single day.
Also, Meta’s poor performance appears to be due to many other factors, such as Instagram’s Reels, the platform’s answer to TikTok, not delivering the expected revenue.
However, the Facebook founder is not the only billionaire who has seen his fortune shrink this year. Specifically, Jeff Bezos has lost $46 billion, while Google’s Larry Page has seen $34 billion. dollars disappearing from his accounts.
Source: News Beast
I’m Robert Neff, a professional writer and editor. I specialize in the entertainment section, providing up-to-date coverage on the latest developments in film, television and music. My work has been featured on World Stock Market and other prominent publications.
