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September 21, 2022 02:33 pm GMT

Zuckerberg's wealth slides with Meta's value, but he's still the world's twentieth richest person

Meta, the company formerly known as Facebook, is in "big, big trouble". Gone in 2022 is $71bn of Mark Zuckerberg's own wealth, tied up in the social network even as it tries desperately to make Virtual Reality happen. While big tech is having a rough time in general, with Apple and Tesla volatile and Microsoft and Amazon down sharply, Meta is in freefall, losing 60% of its value this year. — Read the rest


Original Link: https://boingboing.net/2022/09/21/zuckerbergs-wealth-slides-with-metas-value-but-hes-still-the-worlds-third-richest-person.html

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