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MARK ZUKERBAERG FALLS TO 20TH RICHEST PERSON IN THE WORLD 🌎

The founder of Facebook, now Meta, Mark Zuckerberg, has seen his fortune drop by a massive $71 billion since the beginning of 2022.
Tech billionaires have lost vast fortunes, but Zuckerberg’s losses are more poignant among them.

His wealth dropped by more than 50 per cent from its height of $152 billion in September 2022.

Zuckerberg still has almost $56 billion net worth but is no longer one of the few cent-billionaires worldwide.
The tech titan is now the 20th richest person in the world, his lowest position on the Bloomberg Billionaire Index since 2014.
The metaverse entrepreneur’s wealth is mainly tied to the stock of Meta. However, about 350 million shares and a combination of shifting business models and external factors caused his company’s share price and personal fortune to drop massively.
The company shifted focus from advertising revenue on social media to actualising the metaverse in a pivot led by Zuckerberg.

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