This year Mark Zuckerberg's net worth dropped by $71 billion 

[{"selector":"#anim-6da50803-d535-4ff0-a64e-cd729850c3c3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e3c56cda-c462-40e7-ac06-2674fea11c20 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b4cb84ba-6e8e-49e8-9346-fc7d429dd3ed [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-37.295809585225406%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The stock market rout of 2022 has eroded the personal worth of many tech billionaires, but none more so than Meta CEO Mark Zuckerberg.

[{"selector":"#anim-df748dd0-3797-43bc-be74-7484710fa857 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-015f7153-7185-4b73-98ff-cd4002ba5d52 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-c8faf6ec-25d6-4578-9b5b-471f73fd6702 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.425426135653524%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Zuckerberg, the founder of the company formerly known as Facebook, has seen his net worth drop by nearly $71 billion this year, according to Bloomberg calculations.

The 38-year-old Zuckerberg, who was ranked 3rd on the Forbes list of billionaires last year, has dropped to 22nd today.

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Meta Stock, which holds a large portion of Zuckerberg's fortune, has caused a dizzying fall.

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While this year's collapse in financial markets has cut the fortunes of several tech billionaires by nearly a quarter, no one saw a Zuckerberg-level wipeout, not even crypto CEO Changpeng Zhao.

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The company's pivot to Metaverse underscores the difficulty with its traditional business model, which relies on selling massive amounts of advertising against specific user data.

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