It's believed that as much as $71 billion has been wiped out from Mark Zuckerberg's total assets this year.
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The war between Russia & Ukraine continues for more than 6 months which brings geo-political tensions much higher.
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U.S. inflation is seen at four decades high where prices are rising across a wide range of segments.
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The stock price of Meta Platforms Inc. has plummeted by nearly 40% in the last six months.
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Its advertising revenue has been affected significantly due to lower marketing spending by the industry.
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Many investors sold their stakes in Meta Inc. worrying about the investment in the metaverse.
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