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Mark Zuckerberg’s pivot into the metaverse has cost him dearly in the real world. Even in a rough year for just about every US tech titan, the wealth erased from the chief executive officer of Meta Platforms Inc. stands out. His fortune has been cut in half and then some, dropping by…
The wealth of Mark Zuckerberg, Meta platform's chief executive officer, has dropped by $71 billion so far this year to $55.9 billion, ranking 20th among global billionaires, Bloomberg reported Tuesday.
Mark Zuckerberg, founder of Facebook now known as Meta has slipped fourteen ranks to exit from the list of top twenty richest people on the planet.
Mark Zuckerberg's insistence on pivoting Facebook (now known as Meta) to focus on a digital metaverse appears to be costing him dearly, with his fortune dropping by $71 billion, or about half his overall wealth, this year alone.
Mark Zuckerberg’s pivot into the metaverse has cost him dearly in the real world.