Mark Zuckerberg is running in loss, know why

A catastrophic 2022 for Mark Zuckerberg

Mark Zuckerberg could not have predicted that 2022 would be a terrible year for him economically

Among the wealthiest men in the world, but downgrading

The CEO of Meta, formerly Facebook, is one of the wealthiest men in the world

However, he is falling lower on the list.

A hundred-billion loss

Meta's stock price increased during the pandemic and peaked in 2021

They took 11 billion in losses during the October debacle and lost over 100 billion in assets at their peak.

Losing positions

In Bloomberg's Billionaire Index, Zuckerberg has lost more than 20 positions in the past four years.

Metaverse and competition

Zuckerberg's downfall has an explanation. the metaverse their company is following

Its construction has proved more complicated than anticipated.

Meta is also facing stiff competition from TikTok for advertising.