The year 2022 has been and continues to be a difficult year for the world. The wars and the ongoing COVID-19 pandemic have created many economic hardships. This economic woe has also taken a toll on the wealth of Meta’s CEO and major shareholder, Mark Zuckerberg.

Mark Zuckerberg lost 70 billion dollars this year

Mark Zuckerberg is a well-known name in the tech world. It is known by most people as a name. The founder of Facebook is powerful enough to later buy WhatsApp and Instagram. Recently, it has been pursuing a new breakthrough with Metaverse. But 2022 is not going too well for him.

The shares that Mark owns have a huge impact on his wealth. Elon Musk became the richest person in the world due to the rise of the companies in which he was the CEO and a large shareholder. Things are not going well for Meta, which Mark Zuckerberg focuses on and presents every year. Metaverse, which plans to change the web world, is experiencing a big drop in its shares.

We can say that the effect of this is reflected directly on Mark Zuckerberg. It’s too early to talk about Metaverse, where big investments have been made. But we can say that it could not make a big breakthrough in 2022. Meta’s popular CEO, Mark, lost 70 billion dollars in what must have been a troubled economic situation.

Meta will appear with the Connect event on October 11th. The host will of course be Mark Zuckerberg. With the Quest Pro to be introduced at this event, it can gain momentum in its shares. Meta’s CEO has also been questioned in multiple courts.

The reason for these queries was generally related to personal data privacy. Such developments were also reflected in the public opinion and created an atmosphere of distrust. We can say that these also discredit Mark. What do you think about this subject? Please share with us in the comments!