According to latest earnings reports, Mark Zuckerberg has invested more than $36 billion in his failing Metaverse project since 2019. The CEO has since watched more than $30 billion of those funds vanish in a matter of months. The unsettling data follow a discouraging earnings report from the dominant social media platform, whose user base has been declining in recent years. In contrast, Zuckerberg, whose wealth is heavily correlated with the value of his firm, has been negatively impacted by declining revenues, losing $88 billion of his net worth since 2021, when it was still a respectable $126 billion. The…
This post originally appeared on WayneDupree.com.