Mark Zuckerberg Has Lost Half Of His Wealth This Year

Mark Zuckerberg Has Lost Half Of His Wealth This Year

Mark Zuckerberg has already lost more than half of his wealth this year, even though 2022 still has three months.

Mark Zuckerberg/Pinterest

As a point of comparison, Zuckerberg had $142 billion just one year ago.

Mark Zuckerberg/Pinterest

Zuckerberg has dropped 14 ranks since the start of the year, making him the lowest ranking since 2014.

Mark Zuckerberg/Pinterest

Since January 1, the founder of Facebook has seen $71 billion drop from his net worth.

Mark Zuckerberg/Pinterest

What are the reasons For Mark Zuckerberg losing his wealth?

The Facebook company restructures into meta, with its goal of hogging the metaverse, is largely to blame for the loss.

Mark Zuckerberg/Pinterest

Facebook announced that there was no increase in the number of users in February, which led to the loss of $31 billion in a single day.

Mark Zuckerberg/Pinterest

In the next three to five years, the project will experience "major" financial losses, according to Zuckerberg.

Mark Zuckerberg/Pinterest

Zuckerberg currently holds 20th-place in ranking with a mind-boggling $55.9 billion in his bank account.

Mark Zuckerberg/Pinterest