Zuckerberg Loses Wealth at an Incredible Rate

Mark Zuckerberg has already lost more than half of his wealth this year, having lost $71 billion since the beginning of the year alone, due to a decline in user numbers on the "Meta" platform. The Facebook founder now ranks 20th on the Bloomberg Billionaires Index and 22nd on the Forbes list, with a net worth of $55.3 billion, according to 2oceansvibe News. Zuckerberg's wealth peaked in September of last year (2021) when it reached $142 billion, according to the site. Much of the loss can be attributed to "Meta," according to Bloomberg; after his company's stock reached $382 in September 2021, Zuckerberg changed the company name from "Facebook" to "Meta," and it has significantly declined since that moment.