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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Billionaires

Next In Tech News

X down for thousands of US users, Downdetector data finds
Musk says steps to stop Russia from using Starlink seem to have worked
French tech company Capgemini to sell US unit linked to ICE
Indonesia lets Elon Musk's Grok resume, lifting ban over sexualised images
I'm a parent, how worried should I be about AI?
Elon Musk's Grok generated 3 million sexualised images in just 11 days, new analysis finds
After robotaxi hits child, Waymo says its software prevented worse
Elon Musk says ‘singularity’ is here – What to know about AI threats to humanity
Waymo seeking about $16 billion near $110 billion valuation, Bloomberg News reports
Bitcoin falls below $80,000, continuing decline as liquidity worries mount

Others Also Read