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Facebook CEO Mark Zuckerberg: Mark Zuckerberg forced to sell his house, declining popularity is not the reason

Mark Zuckerberg Sold House - India TV Hindi News
Image Source : India TV
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Highlights

  • Mark bought it in 2012 for about $10 million
  • This year’s net worth is $63.5 billion
  • India has 416.6 million users

Facebook CEO Mark Zuckerberg, Facebook’s founder Mark Zuckerberg was once in the forefront of the list of rich people in the world, but now Mark’s condition is not going well. At present, he is at number 17 in the list of rich in the world. Meanwhile, news has come that Mark has sold his house in San Francisco. The cost of this house is being told about $ 34 million. Mark bought this house in 2012 for about $10 million. Then Facebook was made completely public. Mark and his wife spent millions of dollars in 2013 to decorate this house in a new way. This house was built in 1928. Although Mark is no longer the owner of this house.

Why Mark in such a bad phase?

At this time many social media platforms have come in the world, which are giving direct competition to Facebook. There has been a decrease in Facebook users already. Facebook has about 2.93 billion users in the world, but the number of users is not increasing the way it should. There has been a significant decline in this compared to the previous years. There are many reasons for this, according to a report, now users are leaving Facebook and taking a lot of interest in Tik-tok and YouTube. Here Apple has made some big changes regarding its privacy, due to which Facebook has suffered financial loss. Let us tell you that a major part of Facebook’s earnings comes from advertising. If you are a Facebook user, then Mark earns a lot of money from the ads that appear on your screen. Facebook generates about 97 percent of its revenue from advertising.

How did Mark reach 17th from number 3?

There was a time when Mark was the third richest person in the world but this number has changed now. Mark has gradually moved from number three to 17th in the list of rich people. Talking about Mark’s economic activity, this year’s net worth has become $ 63.5 billion, while in 2020 Mark’s net worth was $ 68.6 billion. These figures show how Mark’s earnings have come down. It is believed that the interest of the user is decreasing due to the arrival of more ads in Facebook, there are many such users, who are starting to distance themselves from Facebook. Users complain that there is no control of fake videos on Facebook, due to which there is a fear in using Facebook. In the same year, Facebook issued a statement saying that about 37.82% of provocative violent content has been found on Facebook. After millions of efforts by Facebook, it is not able to stop such content. Due to which users have now slowly started distancing themselves from Facebook.

Most users in these countries of the world

India has the largest number of Facebook users in the world. According to the data, there are 416.6 million users in India. At the same time, America is at number two, where there are about 240.0 million users.

1. India
2. America
3. Indonesia
4. Brazil
5. Philippines

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