• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home People Billionaire Watch

Mark Zuckerberg has lost more than half of his wealth in 2022

Zainab Iwayemi by Zainab Iwayemi
June 23, 2022
in Billionaire Watch
Why people are spending more time on Facebook, Instagram—Mark Zuckerberg

Mark Zuckerberg, CEO of Meta

Share on FacebookShare on TwitterShare on Linkedin

Co-founder and chief executive of Meta Platforms, Mark Zuckerberg has lost more than 50% of his wealth in 2022.

According to Bloomberg Billionaire Index, the tech giant’s CEO is currently worth $58.6 billion, falling from the triple-digit valuation of $125.5 billion at the beginning of the year.

With his biggest assets in META US Equity, the uncertainty around tech space has continued to cause a plunge in the valuation of his net worth.

RelatedStories

Sam Altman says Meta is offering OpenAI staff $100 million to poach AI talent 

Sam Altman says Meta is offering OpenAI staff $100 million to poach AI talent 

June 18, 2025
Meta announces Llama impact grant for Sub-Saharan African Startups, researchers

Meta unveils WhatsApp monetization features, set for global rollout  

June 16, 2025

Notably, the dip comes a few months after the billionaire hit $142 billion, his all-time high last year. However, Zuckerberg is currently ranked 17th on the billionaire list, falling out of the first 10 positions.

What you should know

  • The majority of Zuckerberg’s fortune is derived from a 13% stake in Meta Platforms, formerly Facebook owned through a series of trusts and holding companies.
  • In 2022, tech stocks have declined greatly as central banks move to tame increasing inflation compared to the previous years when tech led the stock market.
  • Over the past few months, tech firms have seen their valuations slashed in both the public and private markets.
  • In September last year, Facebook reached $378.69 billion, its all-time high, around this time, Zuckerberg’s valuation was at its high. Meanwhile, as of today, the tech company is worth $159.10 reflecting in the billionaire’s wealth.
  • In its Q1 2022 result, Facebook exceeded revenue expectations per user as well as earnings expectations. However, nearly all other key metrics missed, including monthly active users.
  • Facebook’s revenues grew by 7% in the first quarter since it became a public company, marking the company’s first growth in the single digits in the past ten years. Analysts had predicted 7.8% growth.
  • 97.5% of Facebook’s revenue came from its apps, including its core app, Instagram, and WhatsApp. Lastly, $695 million came from Reality Labs, the company’s attempt to create products in the metaverse.

Follow us for Breaking News and Market Intelligence.
Tags: FacebookMark ZuckerbergMeta
Zainab Iwayemi

Zainab Iwayemi

For further inquiries about this article, contact: Email: zainab.iwayemi@nairametrics.com Twitter: @IwayemiZainab LinkedIn: Zainab Iwayemi

Related Posts

Sam Altman says Meta is offering OpenAI staff $100 million to poach AI talent 
Sectors

Sam Altman says Meta is offering OpenAI staff $100 million to poach AI talent 

June 18, 2025
Meta announces Llama impact grant for Sub-Saharan African Startups, researchers
Business News

Meta unveils WhatsApp monetization features, set for global rollout  

June 16, 2025
Meta announces Llama impact grant for Sub-Saharan African Startups, researchers
Sectors

FG, Meta launch AI Accelerator program to boost innovation in Nigeria 

June 10, 2025
New AI tool could cut cost of brain tumor diagnosis for millions in Nigeria 
Sectors

Google, Meta push for AI sovereignty at Africa Soft Power Summit 2025

June 2, 2025
Meta billionaire, Zuckerberg, Bezos, 2 others are $50 billion richer in 24 hours 
Billionaire Watch

Meta billionaire, Zuckerberg, Bezos, 2 others are $50 billion richer in 24 hours 

May 13, 2025
FCCPC probes GTBank, MTN and Air Peace over alleged customer rights violations
Sectors

FCCPC reacts to Meta’s threat of exiting Nigeria over $220 million fine 

May 3, 2025
Next Post
Zenith Bank and GTBank are considering paying interim dividends despite COVID-19

Sell pressures lead investors to lose N247 billion in Nigeria’s top two banks

Comments 3

  1. Udemezue John says:
    June 24, 2022 at 8:53 am

    The world is now smarter, people are building better products now, Facebook is as good as dead

    Reply
  2. Coded says:
    July 24, 2022 at 4:01 pm

    Thats good let mark zukerberg go down he has disabled too many facebook

    Reply
  3. Coded says:
    July 24, 2022 at 4:09 pm

    You are doomed and i will say bad ones because of what you did to me if you want me to stop send 9million dollars to my bank account

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Africa needs gas as a transformational fuel for development – Sahara Group 
  • FG to pilot 6-month training for 3,000 artisans in 10 construction trades across 3 states  
  • Former President Muhammadu Buhari dies in London 

Follow us on social media:

Recent News

Africa needs gas as a transformational fuel for development – Sahara Group 

Africa needs gas as a transformational fuel for development – Sahara Group 

July 13, 2025
Musa Dangiwa,

FG to pilot 6-month training for 3,000 artisans in 10 construction trades across 3 states  

July 13, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics