October 29, 2022
Meta CEO Mark Zuckerberg’s Net Worth Takes A Massive Hit
Meta CEO Mark Zuckerberg has lost $100 billion in the last 13 months.
After Meta reported a decline in profits and revenue in its third quarter report, Zuckerberg's worth took a $11 billion hit, according to Forbes.
Mark has lost about $100 billion from its peak since September 2021.
Zuckerberg is ranked 28th, with an estimated fortune of $37.7B.
Currently, Elon Musk at No. 1 with $212B, Bernard Arnault at No. 2 with $142B, and Jeff Bezos at No. 3 with $134B.
Meta’s metaverse division reported a loss of $3.67 billion in the Q3 of 2022.
Despite huge losses quarter after quarter, Mark is committed to spend more funds into its virtual reality company.
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