{"id":458304,"date":"2022-09-23T19:56:39","date_gmt":"2022-09-23T14:26:39","guid":{"rendered":"https:\/\/www.www.bullfrag.com\/mark-zuckerberg-worried-he-lost-more-than-half-his-fortune-in-2022-now-he-has-barely-55-3-billion-dollars\/"},"modified":"2022-09-23T19:56:39","modified_gmt":"2022-09-23T14:26:39","slug":"mark-zuckerberg-worried-he-lost-more-than-half-his-fortune-in-2022-now-he-has-barely-55-3-billion-dollars","status":"publish","type":"post","link":"https:\/\/www.bullfrag.com\/mark-zuckerberg-worried-he-lost-more-than-half-his-fortune-in-2022-now-he-has-barely-55-3-billion-dollars\/","title":{"rendered":"Mark Zuckerberg worried: he lost more than half his fortune in 2022, now he has “barely” 55.3 billion dollars"},"content":{"rendered":"
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A painful descent for the pocket of Mark Zuckerberg: <\/b><\/a>the boss of Meta, former Facebook, lost more than half of his fortune in 2022. He now has \u201cbarely\u201d 55.3 billion dollars.<\/p>\n

In accordance with a study by Bloomberg,<\/b><\/a> the social media mogul had a fortune estimated at $125 billion at the beginning of 2022. In September 2021, he was on the podium of the richest men on the planet, along with Jeff Bezos and Bill Gates.<\/p>\n

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\u201cThis is a period that demands more intensity and I hope we will do more with fewer resources.\u201d<\/p>\n

\u2014 mark zuckerberg<\/span><\/p><\/blockquote>\n

However, the global crisis and the risky bets with technology in his company, in addition to the fines and controversies, undermined Zuck’s enormous fortune.<\/p>\n

Despite the strengthening of his company with the COVID pandemic, with people staying at home and looking for some online entertainment, this collapse has as its point of origin the change from Facebook to Meta, with the commitment to the Metaverse.<\/p>\n

The ordeal of Mark Zuckerberg and Meta<\/b><\/h3>\n

Bloomberg indicates that the bad reports began in February, when the company did not show any growth in the number of monthly Facebook users.<\/p>\n

In one day, Zuckerberg lost 31 billion dollars.<\/b><\/p>\n

<\/picture>
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mark zuckerberg <\/span>Mark Zuckerberg, head of Meta (former Facebook). <\/span>(Alex Wong\/Getty Images)<\/p>\n<\/figcaption><\/figure>\n

In addition to the stalling of the Metaverse project, Bloomberg indicates that another risky bet by Zuckerberg was that of Instagram Reels, his response to TikTok.<\/b><\/p>\n

Reels generate far less advertising than TikTok videos, while the industry as a whole was hit by lower marketing spend due to the global crisis.<\/p>\n

The Metaverse will generate more money loss in the coming years<\/b><\/h3>\n

Regarding the Metaverse, Zuckerberg’s virtual universe of entertainment, education and interaction, is expected to lose “significant amounts of money” in the next 3-5 years, <\/b>according to analyst Laura Martin, quoted by Bloomberg.<\/p>\n

Another aspect that affects Mark Zuckerberg and his companies is excessive regulatory scrutiny and intervention,<\/b> which has generated fines and sanctions in Europe and other parts of the world.<\/p>\n

\"\"<\/picture>
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FILE – The logo of Meta, the parent company of Facebook, is seen at the company’s headquarters in Menlo Park, California, on Oct. 28, 2021. (AP Photo\/Tony Avelar) <\/span>AP <\/span>(Tony Avelar\/AP)<\/p>\n<\/figcaption><\/figure>\n

The Deutsche Welle <\/b><\/a>indicates that last Tuesday, Meta closed with a capitalization of 454 billion dollars, its worst performance since March 2020, when the COVID-19 pandemic began. A year earlier it had surpassed a billion dollars in its stock market valuation.<\/b><\/p>\n

The present is very, very complicated for Mark Zuckerberg.<\/p>\n<\/div>\n