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 ...
(from the article) "The announcements come on the heels of CEO Zuckerberg embarrassingly introducing legs to metaverse avatars - when they aren't actually ready."
Legs.
Gee, I’d sure hate to be down to my last $38 billion.
At this rate he wont be able to afford to finish his walls
Wow. It’ll be tough to live off just 38 billion, I know I’m struggling . . .
heh heh heh....he’s creepy
Smart people sell out when their stock is at an high.
Now he REALLY can’t afford a decent haircut.
Couldn’t happen to a ....
such a pity
Poor man, maybe we should have a telethon to raise money to help him keep his many mansions. Needy billionaires are such a pitiful sight.
Somewhere it was said this is the biggest loss by one person in world history.
Amazon got whacked, down 20% after hours....was trading at 88 for awhile....
Where can I contribute to ease his suffering?
Burn, commie cucks.
Poor guy’s down to his last $38 billion. I remember when that happened to me. Next thing you know he’ll be living in a cardboard box.
He is going to ave to learn to budget his money.
Neither can the lowlife dirtbag, Gates.
“the Metaverse, its immersive virtual world that has been mocked for containing never-ending empty rooms after failing to attract users”
He should just follow the google model and buy up every other VR chat software and VR platform to force their users into the “metaverse”.
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