Meta’s Zuckerberg loses 50% of fortune since July

The US billionaire Mark Zuckerberg lost 50% of his fortune since July 2021.

This came as a result of Facebook shares decline from $350 in last July, when the company’s market value reached $950 billion.

At that time, July 2021, Zuckerberg’s wealth was $142 billion, but it reached recently $65 billion and also the market value of Meta fell to $475 billion.

Zuckerberg has owned 16.8% stake of Meta (owner of Facebook) since December 2020 so far.