The Silicon Valley tycoon lost half his net worth this year

The Silicon Valley tycoon lost half his net worth this year

Silicon Valley founders and CEOs have had a rough year so far, losing billions of dollars in net worth.

Technology company billionaires make up 6 of the 10 biggest losers so far this year, with losses approaching a quarter of a trillion dollars for the group.

Heading this dubious list is Mark Zuckerberg, the founder of Facebook, now known as Meta Platforms (META) . Zuckerberg is down a whopping $70.8 billion, or 56%, so far this year.

But never fear, he’s still the 20th richest billionaire as of September 18, according to the Bloomberg Billionaires Index.

Leave a Reply

Your email address will not be published.