#Mark Zuckerberg #Meta
Mark Zuckerberg has had a tough year. His personal fortune has dropped by over $100 billion, shares in Meta, which owns Facebook and Instagram, have plunged more than 20%, and investor doubts about his vision for the future grow.
Meta's sales shrank by 4% in the three months ending in September to $27.7bn (£24bn), while profits halved. The fall in shares is set to wipe $78bn off the firm's market value if the losses hold until the end of Thursday.
So what went wrong? The company says it is trying to make better use of its data and AI technology, but investors are worried that Mark Zuckerberg's vision for how to use these technologies may not be as clear as they once thought.
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How Mark Zuckerberg Lost More Than 100 Billion Dollars!!
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