These Tech Billionaires Saw Their Wealth Shrink in 2022
Then comes Mark Zuckerberg.No doubt, the Facebook founder put all his efforts into promoting the so-called metaverse. However, investors are not confident that the world will be going completely virtual anytime soon. So, his idea of Metaverse didn’t go well. Due to this, the share price in Meta, Facebook’s parent company has fallen off in 2022. It took $81 billion off of Zuckerberg’s fortune, leaving it at $44.4 billion as of December 28. One biggest reason is that Meta has been facing stiff competition from TikTok and archrival Google. On the other hand, the founder of TikTok-owner Bytedance saw his fortune rise by $10.4 billion in 2022. The point notable here is that his $55 billion net worth makes him the second richest person in China and 23rd richest person in the world. Also Read: These Are 8 Video Games 2023 We Can’t Wait To Play – (phoneworld.com.pk)
