Dead is deteriorating .. and Mark Zuckerberg will declare bankruptcy

yota691 · September 24, 2022

Dead is deteriorating .. and Mark Zuckerberg will declare bankruptcy

in:September 24, 2022In:

Mark Zuckerberg has already lost more than half of his fortune this year, losing $71 billion since the beginning of this year alone, due to declining user numbers on the Meta platform.

The Facebook founder is now ranked 20th on the Bloomberg Billionaires Index and 22nd on the Forbes Index, with a net worth of $55.3 billion, according to the site.
While the value of Zuckerberg's wealth reached its peak in September of last year (2021), when it reached 142 billion dollars, according to the site.

Much of the loss can be attributed to “meta”, according to Bloomberg, after his company’s shares reached $382 in September 2021, Zuckerberg changed the company’s name from “Facebook” to “meta”, and it has fallen dramatically since then.

Its latest earnings reports were grim as they began in February, when the company revealed a lack of growth in its monthly users that led to a historic crash in its share price and reduced Zuckerberg's fortune by $31 billion, among the largest one-day wealth declines ever.