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Zuckerberg’s Fortune Has Been Cut in Half This Year Login/Join 
wishing we
were congress
posted
https://www.breitbart.com/tech...metaverse-obsession/

Mark Zuckerberg’s insistence on pivoting Facebook (now known as Meta) to focus on a digital metaverse appears to be costing him dearly, with his fortune dropping by $71 billion, or about half his overall wealth, this year alone.

Bloomberg reports that Facebook CEO Mark Zuckerberg may be regretting his pivot towards the metaverse as his fortune diminishes hugely. While every U.S. tech mogul has seen some of their wealth erased, Zuckerberg has been affected more than most with his fortune being cut in half dropping by $71 billion, the biggest loss among the world’s richest people according to the Bloomberg Billionaires Index.

Zuckerberg’s net worth of $55.9 billion now ranks him at the 20th spot among global billionaires, his lowest placement since 2014 behind three Waltons and two members of the Koch family.

Less than two years ago, Zuckerberg was worth $106 billion and ranked among an elite group of billionaires with only Jeff Bezos and Bill Gates placing above him in terms of personal wealth. In September 2021, Zuckerberg’s own worth reached $142 billion when Facebook shares reached as high as $382.

A month later, Zuckerberg rebranded Facebook as Meta and announced that the company would be focusing on building a digital metaverse. It has been largely downhill for Zuckerberg and the company since then as he fails to convince many that working, socializing, and living in a digital world via VR headsets is the future of the internet.
 
Posts: 18162 | Registered: July 21, 2002Reply With QuoteReport This Post
Wait, what?
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The jackass probably saw Ready Player 1 too many times. It does my heart good knowing of his substantial losses.




“Remember to get vaccinated or a vaccinated person might get sick from a virus they got vaccinated against because you’re not vaccinated.” - author unknown
 
Posts: 13908 | Location: Martinsburg WV | Registered: April 02, 2011Reply With QuoteReport This Post
Political Cynic
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warms my heart

couldn't have happened to a nicer asshole
 
Posts: 52302 | Location: Tucson Arizona | Registered: January 16, 2002Reply With QuoteReport This Post
Thank you
Very little
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Wouldn't feel too bad for him, likely he'll double his owned shares at the lower price and in a few years when the market recovers triple his net worth as people move into VR lifestyles.

Once you get Virtual Sex and Pizza working, well the world as we know it with human to human interfacing is over...




 
Posts: 19773 | Registered: November 07, 2008Reply With QuoteReport This Post
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Sheesh,I hope he's able to adapt to only having a net worth of $50+ billion dollars.
 
Posts: 1457 | Location: Kansas City  | Registered: June 06, 2010Reply With QuoteReport This Post
Fighting the good fight
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quote:
Originally posted by alptraum:
Sheesh,I hope he's able to adapt to only having a net worth of $50+ billion dollars.


He'll have to tighten his belt, pull himself up by his bootstraps, and start making coffee at home instead of going out, but somehow he'll survive.
 
Posts: 29421 | Location: Northwest Arkansas | Registered: January 06, 2008Reply With QuoteReport This Post
I Am The Walrus
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And I hope it keeps getting cut in half until that bastard is broke and sucking dick in an alley.

What he and his "platform" have done to influence the idiots of this country, particularly in the 2020 presidential election, have caused massive damage to this country.


_____________

 
Posts: 12213 | Registered: March 12, 2005Reply With QuoteReport This Post
Uppity Helot
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quote:
Originally posted by nhtagmember:
warms my heart

couldn't have happened to a nicer asshole


This all day.
 
Posts: 2719 | Location: Manheim, PA | Registered: September 04, 2007Reply With QuoteReport This Post
delicately calloused
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May he lose half again every day of his life



You’re a lying dog-faced pony soldier
 
Posts: 28203 | Location: Highland, Ut. | Registered: May 07, 2008Reply With QuoteReport This Post
Savor the limelight
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Ya, it’s not like he’s going to have to cancel his NetFlix subscription and start eating Raman.
 
Posts: 8489 | Location: SWFL | Registered: October 10, 2007Reply With QuoteReport This Post
Shall Not Be Infringed
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____________________________________________________________

If Some is Good, and More is Better.....then Too Much, is Just Enough !!
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Live Free or Die!
 
Posts: 6198 | Location: New Hampshire | Registered: October 29, 2011Reply With QuoteReport This Post
Member
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I vote to let the locals in Kauai go over to his property and do how they please. No criminal or civil charges can be filed!



What am I doing? I'm talking to an empty telephone
 
Posts: 11616 | Location: Down South | Registered: January 16, 2010Reply With QuoteReport This Post
His diet consists of black
coffee, and sarcasm.
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He's not exactly hurting.
 
Posts: 25957 | Location: Johnson City/Elizabethton, TN | Registered: April 28, 2012Reply With QuoteReport This Post
Tinker Sailor Soldier Pie
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Poor bastard. Some people really have it awful.


~Alan

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Men will fight and die to protect women... because women protect everything else.
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Posts: 28519 | Location: Elv. 7,000 feet, Utah | Registered: October 29, 2012Reply With QuoteReport This Post
wishing we
were congress
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quote:
What he and his "platform" have done to influence the idiots of this country, particularly in the 2020 presidential election, have caused massive damage to this country.


far more than most know. He was key in the 2020 "steal". Not only funded the hundreds of drop boxes in key DEM cities, but also literally installed his own people in some election positions
 
Posts: 18162 | Registered: July 21, 2002Reply With QuoteReport This Post
Nullus Anxietas
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Given Facebook's reputation for playing loose with privacy, security, and the truth: Can you imagine trusting your reality, virtual or otherwise, to its tender mercies?

Maybe people aren't quite as stupid and clueless as we've been thinking?




"America is at that awkward stage. It's too late to work within the system,,,, but too early to shoot the bastards." -- Claire Wolfe
"If we let things terrify us, life will not be worth living." -- Seneca the Younger, Roman Stoic philosopher
"The dominant media is no more ``mainstream`` than leftists are liberals." -- me
 
Posts: 23199 | Location: S.E. Michigan | Registered: January 06, 2008Reply With QuoteReport This Post
A Grateful American
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Bet he'll be found high on spice, wearing a VR headset, selling "Likes" for 5 bucks on a street corner...




"the meaning of life, is to give life meaning" I could explain it to you, but I can't understand it for you.
 
Posts: 43322 | Location: ...... I am thrice divorced, and I live in a van DOWN BY THE RIVER!!!  | Registered: December 20, 2008Reply With QuoteReport This Post
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I’d love to see that geeky little prick living in a garage searching Pornhub all day


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Posts: 1912 | Location: DFW | Registered: December 17, 2007Reply With QuoteReport This Post
Oriental Redneck
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I'll celebrate when this scumbag loses 99.99% of his fortune.


Q






 
Posts: 22922 | Location: TEXAS | Registered: September 04, 2008Reply With QuoteReport This Post
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Aw, poor boy.


---------------
Gary
Will Fly for Food... and more Ammo
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Posts: 2441 | Location: Oregon | Registered: January 15, 2010Reply With QuoteReport This Post
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