Made massive losses in the past year: Meta boss Mark Zuckerberg (38)

DLNews Biz:

For most tech billionaires, 2022 was a year of massive losses -- even if they remain billionaires and continue to be super-rich.

But even in such a challenging year, Meta boss Mark Zuckerberg's fortune stands out: his fortune has halved and is down a whopping $71 billion this year! The most significant recorded loss in the current super-rich ranking of the US business medium is "Bloomberg."

At $55.9 billion, Zuckerberg's estimated net worth ranks "only" 20th among the world's billionaires, its lowest level since 2014.

Less than two years ago, the 38-year-old was worth $106 billion - and belonged to an elite group of billionaires in which only Amazon ex-boss Jeff Bezos and Microsoft founder Bill Gates survived had more immense fortunes. His fortune peaked at $142 billion in September 2021.

"But then everything changed for Zuckerberg: Facebook became Meta, and steadily increasing profit became a continuous loss. Because: Meta has a hard time gaining a foothold."

In February 2022, the Meta boss was hit particularly hard: When the company couldn't report growth in monthly Facebook users, its share price collapsed, and Zuckerberg was 31 billion poorer in an instant - one of the enormous fortune losses of one day at all.

Other tech billionaires also suffered heavy losses:

Amazon founder Jeff Bezos lost $47 billion this year. As a result, Bezos slipped from 2nd to 3rd place in the super-rich ranking.

By the way: Bezos was overtaken by the Indian Gautam Adani (estimated fortune: 150 billion dollars). Adani is head of the Adani Group – the largest port operator in India.

Microsoft founder Bill Gates lost 27 billion dollars and ranked 5th in the ranking (111 billion dollars).

Tesla boss Elon Musk lost $2.8 billion in the past nine months and still tops the rich list with $268 billion.

Zuckerberg is fortunate elsewhere.

Even if he made a considerable loss, his family would at least comfort him now because the Zuckerbergs reported on Wednesday via Facebook that they expect new offspring.

He already has daughters, August (5) and Maxima (6), with his wife, Priscilla Chan (37). Now even a third lady is supposed to come along!