Mark Zuckerberg's net worth has dropped $71 billion this year
CBSN
The stock market rout of 2022 has reduced the personal worth of plenty of tech billionaires, but none more than Meta CEO Mark Zuckerberg.
The founder of the company formerly known as Facebook, Zuckerberg has seen his net worth plummet by nearly $71 billion this year, according to calculations by Bloomberg. Zuckerberg, now 38, has slipped from No. 3 on the Forbes billionaires list last year to No. 22 today.
Blame the drop on the dizzying fall of Meta's stock, which holds the bulk of Zuckerberg's fortune. While the financial markets' tumble this year has deflated several tech billionaires' fortune by roughly a quarter, no one, not even crypto CEO Changpeng Zhao, has seen a wipeout on the scale of Zuckerberg.
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