The bigger they are, the harder they fall…
Mark Zuckerberg looks to be experiencing something of a death knell, with his net worth taking substantial and sustained losses.
In 2021, Zuckerberg’s personal wealth reached a whopping $142 billion and Facebook’s stock was trading at $382…
Today his net worth is down to roughly 55 billion dollars and Facebook is trading at roughly $150.
Facebook, which has since been transformed into Meta, is not seeing any new users onboarded onto the ailing platform and the basket that Zuckerberg has placed all the eggs into doesn’t show much promise either.
The company’s new plans are geared towards the metaverse—an online, interactive world that blends elements of augmented reality, virtual reality, and real life.
Several notable contenders currently