Mark Zuckerberg

Meta CEO Mark Zuckerberg's net worth has dropped by 55% so far this year, Bloomberg estimates show. But he's still worth $55.3 billion.

[Facebook went on to report its first-ever decline in user numbers](https://www.businessinsider.com/meta-facebook-user-numbers-shrink-first-time-ever-2022-2), losing roughly one million daily active users in the last quarter of 2021. [Bloomberg's Billionaires Index](https://www.bloomberg.com/billionaires/profiles/mark-e-zuckerberg/?leadSource=uverify%20wall). [Forbes](https://www.forbes.com/profile/mark-zuckerberg/?list=rtb/&sh=3e6461a63e06) puts his net worth at $53.4 billion. Meta said that as of April there were over 10,000 people working on its metaverse projects. [said](https://central.virtualshareholdermeeting.com/vsm/web?pvskey=META2022) during the company's annual shareholder meeting in May. ["metaverse" company](https://www.businessinsider.com/zuckerberg-said-facebook-will-eventually-become-a-metaverse-company-2021-7) and then unveiled a [massive rebrand](https://www.businessinsider.com/facebook-new-name-meta-rebrand-metaverse-zuckerberg-apps-2021-10?r=US&IR=T) last October.

In 2020, the Meta CEO had a net worth of around $106 billion with just Amazon founder Jeff Bezos and Microsoft founder Bill Gates ahead of him. With Facebook ...

With Facebook shares racing up to $382, Zuckerberg hit his peak in September 2021 when he had a net worth of around $142 billion. When it comes to its core market, Meta has not performed as well as before and it has been beaten by TikTok on a number of key parameters. The move to rebrand Facebook into Meta and the focus on Metaverse has not worked out well for Mark Zuckerberg in the short run as his net worth dropped by a massive $71 billion in 2022, according to the Bloomberg Billionaires Index.

Mark Zuckerberg's pivot into the metaverse has cost him dearly in the real world, cutting his fortune by US$71 billion so far this year.

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Meta CEO Mark Zuckerberg is on the verge of falling out of the top 20 of the world's richest people after a brutal year for American tech giants and his ...

[Forbes](https://www.forbes.com/billionaires/) gauges his net worth at $53 billion as of today (Sept. A month later, he changed his company’s name from Facebook to Meta as a declaration of its new focus on the metaverse business. [Bloomberg’s Billionaires Index](https://www.bloomberg.com/billionaires/), his lowest rank since 2014.

Zuckerberg is 20th on the list for the world's richest people, with a total net worth of $55.3 billion.

“I just want the time that people spend with screens to be better.” Zuckerberg’s drop in wealth doesn’t seem to have completely discouraged him about the metaverse. [Bloomberg’s Billionaire Index](https://www.bloomberg.com/billionaires/). It was around that time when his wealth began to decline. It shouldn’t come as a complete surprise since tech stock prices have suffered over the past year due to the economic slowdown. Zuckerberg’s wealth peaked at around $140 billion in Sept. 3) losing $44.4 billion, and Gates (No.5) losing $26.2 billion. [Tesla](https://fortune.com/company/tesla) CEO Elon Musk, [Amazon](https://fortune.com/company/amazon-com) founder Jeff Bezos, and [Microsoft](https://fortune.com/company/microsoft) founder Bill Gates all rank in the top five richest people, but they aren’t without their own financial losses. A month later, he announced Facebook’s rebranding as Meta to highlight its shift in focus to the “metaverse,” a sort of digital world in augmented and virtual reality. [“a lot healthier”](https://fortune.com/2022/08/26/meta-metaverse-mark-zuckerberg-joe-rogan-healthy/) for people—reiterating his belief that it’s the next generation of the internet. But lately, he may be feeling worse amid a colossal drop in his personal wealth. [“punched in the stomach”](https://fortune.com/2022/08/25/mark-zuckerberg-joe-rogan-podcast-stomach-punch-social-media-twitter/) because of the “million messages” he wakes up to.

The stock market rout of 2022 has reduced the personal worth of plenty of tech billionaires, but none more than Meta CEO Mark Zuckerberg.

Still, the plunge in his wealth doesn't seem to have tarnished Zuckerberg's techno-optimism. At the same time, the company has increased its spending by roughly $10 billion a year to build out the virtual-reality Metaverse, a project Zuckerberg has signaled could take many years. all you know right now is, essentially, it's going to cost a lot of money," he said. That's cause for concern for investors who see a surge in spending over the short term without the guarantee of a payoff. While the financial markets' tumble this year has deflated several tech billionaires' fortune by roughly a Among social media companies, Meta and Snap rely the most on users on iOS, said Angelo Zino, an analyst at CFRA who covers social media companies.

It was less than two years ago when Zuckerberg, 38, was worth US$106 billion and among an elite group of global billionaires, with only Jeff Bezos and Bill ...

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The Facebook founder's net worth plummeted by $70 billion this year. Here's why · How did Zuckerberg lose so much money? · Meta's decline in revenue.

[The company reported](https://nypost.com/2022/09/20/mark-zuckerbergs-net-worth-slashed-by-more-than-half-this-year/) its first revenue decline in history in July. [lost users](https://www.bloomberg.com/news/articles/2022-09-19/mark-zuckerberg-s-net-worth-is-down-71-billion-putting-focus-on-meta-s-woes?leadSource=uverify%20wall) to TikTok. According to [Insider](https://www.businessinsider.com/mark-zuckerberg-net-worth-fall-money-wealth-lost-meta-billionaire-2022-9), Meta has had a difficult year since its massive rebrand. [The New York Times](https://www.nytimes.com/2022/02/03/technology/facebook-meta-challenges.html). [the New York Post](https://nypost.com/2022/09/20/mark-zuckerbergs-net-worth-slashed-by-more-than-half-this-year/). [Bloomberg](https://www.bloomberg.com/news/articles/2022-09-19/mark-zuckerberg-s-net-worth-is-down-71-billion-putting-focus-on-meta-s-woes?leadSource=uverify%20wall).

Meta shares have dragged the billionaire's personal fortune down to $54.6bn after disappointing second-quarter results and the company's first revenue ...

“It's always hard to predict how deep or how long these cycles will be, but I'd say that the situation seems worse than it did a quarter ago,” he said. [world’s second-richest person](https://www.thenationalnews.com/business/money/2022/07/03/richest-billionaires-lose-14tn-in-first-half-of-2022/) this month after adding $73.4bn to his personal fortune in 2022. [Larry Page and Sergey Brin](https://www.thenationalnews.com/business/money/google-co-founders-larry-page-and-sergey-brin-join-100bn-club-1.1202608) have dropped out of the $100bn club after their net worth fell $35.1bn and $34.2bn, respectively, this year, while Bill Gates lost $27bn. Today, Mr Zhao has a personal fortune of $31.4bn and is ranked the 35th-richest person in the world, according to the Bloomberg Billionaires Index. [Mark Zuckerberg’s net worth](https://www.thenationalnews.com/business/money/2022/02/04/mark-zuckerbergs-net-worth-plummets-29bn/) has fallen by about $71 billion in 2022, as the [stock market bear run ](https://www.thenationalnews.com/business/money/2022/09/16/why-i-plan-to-remain-calm-in-a-sea-of-stock-market-volatility/)continues to erode the personal wealth of many of the world’s technology billionaires. [fell out of the list of the world’s top 10 wealthiest people](https://www.thenationalnews.com/business/money/2022/02/04/mark-zuckerbergs-net-worth-plummets-29bn/) — and the elite $100bn club — for the first time since 2015, Reuters reported. [rising inflation and higher interest rates](https://www.thenationalnews.com/business/economy/2022/09/14/markets-rattled-as-us-inflation-exceeds-estimates/) — has increased [volatility in financial markets](https://www.thenationalnews.com/business/markets/2022/09/18/investors-seek-refuge-from-market-chaos-in-cash-despite-surging-inflation/), which fell into [bear territory earlier this year](https://www.thenationalnews.com/business/money/2022/06/14/why-investors-should-remain-optimistic-despite-the-bear-market/) after a 13-year bull run. With a net worth of $150bn, Indian business tycoon Gautam Adani edged out Mr Bezos to become the Mr Zuckerberg, however, is not the only tech billionaire to watch his personal fortune tumble on the back of falling technology stocks in 2022, as investors seek safety in lower-risk value sectors such as consumer staples, energy, financials and utilities. [Meta Platforms](https://www.thenationalnews.com/business/technology/2022/09/01/facebook-parent-meta-reportedly-sets-up-new-unit-to-plan-paid-features-across-its-apps/), formerly known as Facebook, is now the world’s 20th-richest person — down from a high of number three in 2021. [Tesla chief executive Elon Musk's ](https://www.thenationalnews.com/business/money/2022/04/27/elon-musks-net-worth-tumbles-by-29bn-as-tesla-shares-plunge/)$35bn single-day paper loss in November 2020, Reuters reported. “A significant component of many tech titans' wealth is linked to the concentrated positions in their founding companies, making them sensitive to the headwinds in the stock market.”

It's no wonder why tech entrepreneur Mark Zuckerberg wants to live in an online virtual reality “metaverse” given how his real-world financials are going.

While tech stocks have struggled across the board this year, with the tech-laden Nasdaq Composite down about 24% in the year to September, Meta has tumbled far further, having lost about 60% of its value. Contributing to Meta’s downfall were Facebook’s first-ever decline in user numbers in February 2022 and the company's spending of about $10 billion a year, or roughly 50% of its capital expenditure, to build out its “metaverse.” Zuckerberg kicked off the year with a $125 billion fortune, which has now fallen by more than 55% to about $53 billion, according to estimates by Bloomberg.

Zuck was the world's 4th richest person in January 2022. Now he's 20th.

[pouring billions of dollars](https://decrypt.co/108201/after-177-billion-in-investment-why-do-metaverse-graphics-still-suck) and heaps of resources into this lofty project, but it has failed to capture peoples’ attention. [Meta](https://iflscience.com/tags/Meta) has seen some of the steepest declines. In October 2021, Facebook changed its name to Meta Platforms to "reflect its focus on building the metaverse," a virtual reality environment that links all of the company's products. There was the Facebook– [Bloomberg Billionaires Index](https://www.bloomberg.com/billionaires/). [Bloomberg](https://www.bloomberg.com/news/articles/2022-09-19/mark-zuckerberg-s-net-worth-is-down-71-billion-putting-focus-on-meta-s-woes).

Mark Zuckerberg revealed that he and his pregnant wife, Priscilla Chan, are expecting a third baby girl. The couple already share daughters August and Max.

“I used to have meetings that ran really late,” Zuckerberg added at the time. “The thing that I’m most proud of and the thing that brings me the most happiness, is my family.” [he wed Chan](https://nypost.com/2012/05/20/facebook-founder-mark-zuckerberg-marries-sweetheart/) in May of the following year. “Happy to share that Max and August are getting a new baby sister next year!” Zuckerberg continued, referencing the “Lots of love,” he captioned a photo of his hand resting on the former pediatrician’s stomach. [via Instagram](https://www.instagram.com/p/CixYOYHrlE3/) on Wednesday that his wife, Priscilla Chan, [is pregnant](https://pagesix.com/article/pregnant-celebrities-2022/) with baby No.

Mark Zuckerberg and Priscilla Chan have been married since 2012. Here is a complete timeline of their relationship.

[their wedding photos](https://www.instagram.com/p/BUSps3QDTO-/) dressed as bride and groom. [Zuckerberg tells Jarvis](https://people.com/parents/mark-zuckerberg-ai-jarvis-teach-daughter-max-mandarin/) as he enters Max's room in a demonstration video. Seuss](https://people.com/parents/kj-apa-reads-dr-seuss-to-4-month-old-son/) books so many times you start inventing your own stories about the Vipper of Vipp. The app is voiced by [Morgan Freeman](https://people.com/tag/morgan-freeman/), and notifies the couple of their daughter's movements and speaks in Mandarin when Max is present. "10 years married and half our lives together," [Zuckerberg wrote](https://people.com/human-interest/mark-zuckerberg-priscilla-chan-recreate-wedding-snap-for-10th-anniversary/) alongside a photo of him and Chan sitting side-by-side in rocking chairs. [he wrote on Facebook](https://people.com/chica/mark-zuckerberg-two-month-paternity-leave/), which offers employees four fully paid months of maternity and paternity leave. Shared on Facebook, the clip shows August and Chan tag-teaming the dirty dishes in the sink and passing them off to Max to place in the dishwasher. Mark and I take both of them to the office to see what we do, how we contribute." [a guest told PEOPLE](https://people.com/celebrity/mark-zuckerberg-married/). Through the incredible highs and [tougher struggles](https://people.com/parents/mark-zuckerberg-talks-fatherhood-infertility-struggles/), they've never wavered in their love and support for one another. Chan wore a white sleeveless gown by Claire Pettibone and was escorted down the aisle by their [Hungarian sheepdog named Beast](https://people.com/pets/priscilla-chan-walks-down-the-aisle-with-beast-zuckerberg/). This is the first time she's on the cover of a magazine," Zuckerberg

Mark Zuckerberg is about to be a dad for the third time. The Meta CEO announced Wednesday that he and his wife, Priscilla Chan, are expecting their third ...

[born in 2017](https://www.businessinsider.com/mark-zuckerbergs-second-daughter-is-here-and-named-august-2017-8). [net worth has taken a beating](https://www.businessinsider.com/mark-zuckerberg-net-worth-fall-money-wealth-lost-meta-billionaire-2022-9) this year. Though he started 2022 with a $125 billion fortune, it's since nosedived $70 billion, or about 55%, following Facebook's rebrand to Meta and the company's [first-ever drop in user numbers](https://www.businessinsider.com/meta-facebook-user-numbers-shrink-first-time-ever-2022-2) this year. [who are college sweethearts](https://www.businessinsider.com/mark-zuckerberg-and-priscilla-chans-12-year-relationship-in-photos-2015-7), have been married since 2012 — their wedding day was one day after Facebook's initial public offering. "Happy to share that Max and August are getting a new baby sister next year!" The fund is backed by Zuckerberg's Meta fortune and aims to cure the world's diseases during their daughter's lifetime.

The couple, who got married in 2012, have two daughters - August, who is five years old, and Maxima - who is six years old. | World News.

They met when he was a sophomore and she was a freshman. Happy to share that Max and August are getting a new baby sister next year”. Facebook co-founder Mark Zuckerberg and wife Priscilla Chan are expecting their third child, the Meta CEO said on Wednesday.

Mark Zuckerberg and Priscilla Chan are expecting baby number 3! The CEO of Meta, formerly known as Facebook, shared the family's news on Facebook and ...

"Being a mom is hard, and since we’ve had kids Priscilla has had a hard time sleeping through the night," Zuckerberg explained. Here’s to more adventures." Happy to share that Max and August are getting a new baby sister next year!" [Max's first word](https://www.today.com/parents/mark-zuckerberg-s-daughter-says-her-first-word-it-s-t104159) ("dog," after Beast, the family's Hungarian sheepdog) and [a video](https://www.facebook.com/zuck/videos/10107358208607761/?t=0) of the girls loading the dishwasher. "Lots of love. [Max](https://www.today.com/parents/facebooks-mark-zuckerberg-priscilla-chan-post-letter-newborn-daughter-max-t59086), who was born in 2015, and [August](https://www.today.com/parents/mark-zuckerberg-snuggles-baby-daughter-august-sweet-new-photo-t115908), born in 2017.

It seems like all the billionaires are having babies right now. First, Tesla CEO Elon Musk suddenly announces secret twins. Now it's Meta CEO Mark ...

Unlike the first letter to Max, which was very long and serious, Zuckerberg and Chan’s letter to August seemed more lighthearted and personal. The new parents pledged to dedicate 99% of their Facebook shares, or about $45 billion at that time, to the initiative. [one day after](https://techcrunch.com/2012/05/19/day-after-ipo-mark-zuckerberg-marries-longtime-girlfriend-priscilla-chan/) Facebook’s initial public offering in 2012. In the letter, they announced the creation of the Chan Zuckerberg Initiative, which uses philanthropy and technology in an aim to eradicate disease and improve education. [Smile confidentlyByte](https://sp-trk.com/r/2tvkiift?pub=GOMedia&site=Editorial&campaign=IntelsioonbehalfofByte&url=https%3A%2F%2Fstck.media%2Fr%2Fintelsioonbehalfofbyte-gomedia-editorial-09-01-22) Chan and Zuckerberg

Mark Zuckerberg and Priscilla Chan are expecting baby number 3! The CEO of Meta, formerly known as Facebook, shared the family's news on Facebook and ...

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Mark Zuckerberg is expecting a third baby girl with his wife, pediatrician Dr Priscilla Chan.

Mark Zuckerberg revealed that he and his longtime spouse Linda Chan are expanding their family yet again after years of fertility struggles.

Mark Zuckerberg revealed on [Instagram ](https://www.tag24.com/internet/instagram)that he is expecting his third child with his wife Priscilla Chan. he penned under the pic of the spouses smiling while Zuckerberg sweetly cradles his wife's belly. Happy to share that Max and August are getting a new baby sister next year!"