Mark Zuckerberg is running in loss, know why

A catastrophic 2022 for Mark Zuckerberg

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

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Among the wealthiest men in the world, but downgrading

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

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However, he is falling lower on the list.

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A hundred-billion loss

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

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

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Losing positions

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

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Metaverse and competition

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

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Its construction has proved more complicated than anticipated.

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Meta is also facing stiff competition from TikTok for advertising.

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