Mark Zuckerberg’s decline in the list of richest people

Mark Zuckerberg, the owner of social media websites Facebook, Instagram and WhatsApp, has become financially unstable, which has led to his relegation from the list of the world’s richest people.

According to the report of the foreign news agency, Mark Zuckerberg has lost 71 billion dollars in his business this year, due to which he fell 14 places in the list of the richest people in the world.

After financial losses so far this year, his net worth is currently $55.9 billion. Mark Zuckerberg’s net worth is 20th among the world’s billionaires.

Joining the metaverse has been costly for CEO Mark Zuckerberg. Recall that his net worth peaked at $142 billion last year in September 2021, when the company’s shares were at $382.

It was only less than two years ago that Mark Zuckerberg was the richest person in the world, with only Jeff Bezos and Bill Gates ahead of him.

Not long ago, Mark Zuckerberg introduced Meta and changed the company’s name from Facebook, after which they quickly looked financially unstable.

Read more: Facebook closed, loss of 10 trillion in a few hours

It should be remembered that earlier in October last year, Mark Zuckerberg, one of the richest people in the world, the founder of Facebook, lost trillions in a few hours.

Due to the closure of social media websites Facebook, Instagram and WhatsApp, the owner of the company, Mark Zuckerberg, had to bear a loss of 6 and a half billion dollars in a few hours.

The services of Facebook, WhatsApp and Instagram were shut down worldwide on the night of October 4 and 5, which were restored after 6 hours.

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According to Facebook management, their service was shut down due to a malfunction in their traffic network and data center equipment, but confirmed that no user data was leaked during the service outage.

At that time, according to Forbes magazine, which estimates the wealth of billionaires, Mark also faced a decline in the list of the richest people.

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