{"id":29971,"date":"2022-02-06T18:58:31","date_gmt":"2022-02-06T18:58:31","guid":{"rendered":"https:\/\/www.ukrgate.com\/eng\/?p=29971"},"modified":"2022-02-06T18:58:59","modified_gmt":"2022-02-06T18:58:59","slug":"the-fall-of-meta-shares-reduced-zuckerbergs-personal-fortune-by-31-billion","status":"publish","type":"post","link":"https:\/\/www.ukrgate.com\/eng\/?p=29971","title":{"rendered":"The fall of Meta shares reduced Zuckerberg&#8217;s personal fortune by $ 31 billion"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The fall of Meta shares reduced Zuckerberg&#8217;s personal fortune by $ 31 billion<br>Mark Zuckerberg .<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The historic collapse of Meta shares this week reduced Mark Zuckerberg&#8217;s personal fortune by $ 31 billion, lowering him to three positions on the list of the richest people in the world according to Bloomberg. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ukraine , Ukraingate , 6 , February , 2022 | Ukraine News<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Details<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Zuckerberg is now reportedly ranked 10th in the Bloomberg Billionaires Index, behind Oracle co-founder (ORCL) Larry Ellison and just a few hundred million dollars ahead of Indian energy and technology entrepreneur Mukesh Ambani. Tesla CEO Elon Musk tops the list by a wide margin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meta Platforms, formerly known as Facebook, experienced its worst day in the stock market on Thursday after reporting a rare drop in profits and stagnant user numbers, as well as a vague assessment of the company&#8217;s prospects, CNN notes, while investing heavily. funds in augmented and virtual reality.<br>Shares of the company reportedly fell more than 26%, losing market value by almost $ 240 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Zuckerberg, 37, owns more than 398 million shares of Meta, or 14.2% of the company, according to a statement from the US Securities and Exchange Commission in February 2021.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After the fall, the CEO and co-founder&#8217;s fortune is now $ 89.6 billion, just $ 400 million more than Ambana, which controls Reliance Industries and is the richest man in Asia, according to Bloomberg.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to the disastrous income statement, Meta for the first time showed how much money it spends on the transition to the metaworld. The company also reported a small but noticeable decline in the number of daily active Facebook users in the United States and Canada compared to the previous quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What was before<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to UNN, Australian billionaire Andrew Forrest has filed a lawsuit against Facebook, claiming that the company failed to prevent fraudulent advertising that used his image.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: Ukrgate<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fall of Meta shares reduced Zuckerberg&#8217;s personal fortune by $ 31 billionMark Zuckerberg . The historic collapse of Meta shares this week reduced Mark Zuckerberg&#8217;s personal fortune by $ 31 billion, lowering him to three positions on the list of the richest people in the world according to Bloomberg. Ukraine , Ukraingate , 6 [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[9542],"class_list":["post-29971","post","type-post","status-publish","format-standard","category-uncategorized","tag-meta"],"_links":{"self":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/29971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29971"}],"version-history":[{"count":1,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/29971\/revisions"}],"predecessor-version":[{"id":29972,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/29971\/revisions\/29972"}],"wp:attachment":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}