Mark Zuckerberg, a billionaire, has been able to lose half of his wealth but still maintain his status. The owner of Meta fell to 20th place on Bloomberg’s Billionaires Index as a result of Zuckerberg’s price decline.
A Bit of a Decline
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Since 2014, Mark Zuckerberg’s position on Bloomberg’s list of the world’s richest persons has dropped to its lowest point. The outlet also disclosed potential causes for the drop.
Just Plummeting
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Since 2022 began, the Facebook founder’s wealth has been reduced by half, falling from $106 billion to $55.9 billion in less than two years. Zuckerberg’s wealth peaked at a staggering $142 billion.
Since quite some time, Zuckerburg has had his sights set on turning his social media network into a metaverse where people can game, work, and connect. Recently, he was compelled to assure users that the platform “wouldn’t be basic.”