2022 was not a good year for technology billionaires, and among the biggest losers was Mark Zuckerberg, who lost more than half of his fortune, which was estimated at 125 billion dollars, during the current year 2022. According to the American business magazine “Bloomberg”, the wealth of the giant Meta Corporation has halved by $71 billion.
Less than two years ago, the 38-year-old had a fortune of $106 billion, making him part of the mega-rich alongside Amazon founder Jeff Bezos and Microsoft founder Bill Gates. Zuckerberg’s fortune peaked at $142 billion in September 2021.
But then everything changed for Zuckerberg, as Facebook suffered financial losses, and Meta Platforms, the owner of Facebook, is facing difficulty in gaining a foothold.
And in February 2022, the head of Meta Platforms was hit particularly hard: when the company was unable to report a growth in Facebook users per month, its share price collapsed causing Zuckerberg to lose $31 billion in an instant, one of the biggest losses of wealth. In one day at all.
Zuckerberg fell to No. 20 in the list of the world’s richest people, recording his lowest ranking since 2014, in the list currently headed by the American billionaire and CEO of “Tesla” and “SpaceX”, with a fortune of $ 268 billion.