Mark Zuckerberg’s net worth declined more than US$71bil in 2022

Zuckerberg has seen his value decline by more than US$71bil (RM331.71bil) in 2022 alone. Meta’s stock, which holds the bulk of his fortune, has also lost about 60% of its value in the same timeframe. — Getty Images/TNS

The net worth of Meta CEO Mark Zuckerberg, once the third richest person on the planet, plummeted by more than 50% this year, knocking him down to the 20th spot on Forbes’ list of the world’s wealthiest.

Zuckerberg was worth a whopping US$142bil (RM663.42bil) in September 2021, just one month before he introduced Meta and changed the company’s name from Facebook Inc. In the months since, things have gone down hill for the tech titan, whose net worth stood at around US$55bil (RM256.96bil) on Sept 21, according to the Bloomberg Billionaires Index.