The Facebook parent company Meta has bet about $15 Billion on virtual reality, the “metaverse.” But response in the market has been pretty lack luster.
In fact Meta stock prices have fallen from a high of close to $350 per share down to a less than $100 per share.
Zuck’s net worth fell from $140B to about $36B. That is pretty radical.
Mark Zuckerberg “Pretty Confident” About Metaverse After Stock Craters- The ship is starting to sink
While chasing the metaverse, Mark Zuckerberg’s personal fortune has dropped by over $100 billion
Greatest news all year.
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