Mark Zuckerberg news: Facebook founder Mark Zuckerberg has sold his house in San Francisco. This year there has been a big drop in their wealth. He bought this house in 2010.
Facebook founder Mark Zuckerberg, who has been in the top 3 of the world's richest list for a long time, is having a bad day. Mark's wealth has more than halved this year, dropping him to 17th on the richest list.
Mark Zuckerberg is once again in the limelight after his wealth plummeted. Mark has sold his house in San Francisco. He bought this house in November 2012 for 10 million dollars, i.e., about 80 crore rupees. Now by selling this house, he has made a triple profit.
The relevant one is 100 years old. Zuckerberg bought the house a few months after Facebook's IPO. Then in 2013, Mark and his wife spent several hundred thousand dollars renovating this house. Mark also owns homes in Silicon Valley and Lake Tahoe, and Hawaii.
According to the Bloomberg Billionaires Index, Zuckerberg's wealth is $61.9 billion. This year their wealth has declined by 63.5% or 50.5%. With his current wealth, he could buy 36.0 million trays of gold or 590 million of crude oil. There was a time when his wealth was worth $142 billion, and he was the third richest person in the world.
This year there has been a big fall in the shares of IT companies. Facebook and Meta have also been hit by it.