Mark Zuckerberg Loses $71 Billion This Year – Drops From 6th Richest Person To 20th

 


Mark Zuckerberg is one of the most famous personalities in the web and technology arena, with Facebook, Instagram and so on. However, since the transition to Meta, it is seen to have a major impact on the value of the company's shares, as well as having an impact on the value of Mark Zuckerberg's wealth.


In 2021 alone, Mark Zuckerberg has lost $71 billion worth of wealth – due to falling stock prices.



According to current wealth, Mark Zuckerberg is seen to have a net worth of $55.9 billion. This represents a sharp drop compared to September 2021, which saw it register a value of $142 billion.


In fact, Mark Zuckerberg also in the last two years ranked third in the list of the richest people in the world.


The recent decline is seen to be due to the increased spending and investment in the development of the metacity, in addition to the challenges faced by TikTok and other platforms.

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