Zuckerberg's wealth slides with Meta's value, but he's still the world's third richest person
Meta, the company formerly known as Facebook, is in "big, big trouble". Gone in 2022 is $71bn of Mark Zuckerberg's own wealth, tied up in the social network even as it tries desperately to make Virtual Reality happen. While big tech is having a rough time in general, with Apple and Tesla volatile and Microsoft and Amazon down sharply, Meta is in freefall, losing 60% of its value this year. — Read the rest