Posted on 10/27/2022 1:43:11 PM PDT by Scarlett156
Mark Zuckerberg has seen his wealth drop a further $11 billion, meaning his net worth has now plummeted more than $100 billion in a little over a year.
Meta reported a decline in revenue for the second consecutive quarter this week. The company has struggled to come out on top after sinking $70 billion into the Metaverse, its immersive virtual world that has been mocked for containing never-ending empty rooms after failing to attract users.
The quarter’s weak results raised fresh questions about Meta’s plans to pour more money - at least $10 billion a year - into the virtual realm, as investors raise doubts about growth.
(Excerpt) Read more at dailymail.co.uk ...
The title needs to get a calculator.
Maybe Hawaiians will see their shoreline again some day.
Tear down that wall!
Goes to show you, Tangible assets are more important than paper assets.
He should have bought all the private land on Molokai.
Much like The guy that bought Lanai.
i HEARD HE PLANNED TO GIVE IT ALL AWAY ANYWAY!
He could never get that much for his stocks. It would take a decade or 2 to sell them off without tanking his stock. Reality is he’s prob worth about $10billion if he liquidated everything. Still not bad but hopefully everything he has tanks like other social media companies have.
He’ll have to pay people to use Meta.
I hope he meets with very large, hungry, tiger shark while surfing off Kauai
Jeez...he’s going to have to get rid of a lot of slaves.
Jeez...he’s going to have to get rid of a lot of slaves.
I’m sure most people would be ecstatic if they learned that, sometime in the future, their net worth would drop to 38 billion dollars.
He’ll need to find a cheaper barber.
I think he’ll be fine.
The title’s OK. A total $100-odd billion loss over the last year, which includes the $11 billion since the earnings report came out recently.
When one of my brothers was in ninth grade, he discovered that he could get his hair cut for 35 cents at the local barber college. Once was enough.
Still, $38 billion will buy a lot of cat food. Zuckerberg’ll be all right.
Only $38.1B to go! The Getty of Gossip has hopefully wasted a bundle on the midterms.
He should be cancelled for wearing whiteface.
Let me know when he’s down to $38, then I’ll celebrate.
Adrenachrome addiction.
Remember when he said he’d give half his money to charity? Did I dream that?
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