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		<title>Ambani and Adani now richer than Mark Zuckerberg, as Meta shares crash</title>
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		<pubDate>Fri, 04 Feb 2022 08:01:41 +0000</pubDate>
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		<category><![CDATA[Adani Group]]></category>
		<category><![CDATA[Amazon's Jeff Bezos]]></category>
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					<description><![CDATA[<p>India&#8217;s Mukesh Ambani and Gautam Adani are now richer than Mark Zuckerberg, as Meta shares crash on February 3, 2022. Meta&#8217;s CEO Mark Zuckerburg lost $29 billion net worth. This happened as of the company&#8217;s stock witnessed a record decline of around 26 % at $ 200 billion. The last quarter in 2021, Facebook reported [&#8230;]</p>
<p>The post <a href="https://www.thetechoutlook.com/news/ambani-and-adani-now-richer-than-mark-zuckerberg-as-meta-shares-crash/">Ambani and Adani now richer than Mark Zuckerberg, as Meta shares crash</a> appeared first on <a href="https://www.thetechoutlook.com">The Tech Outlook</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>India&#8217;s Mukesh Ambani and Gautam Adani are now richer than Mark Zuckerberg, as Meta shares crash on February 3, 2022. Meta&#8217;s CEO Mark Zuckerburg lost $29 billion net worth. This happened as of the company&#8217;s stock witnessed a record decline of around 26 % at $ 200 billion. The last quarter in 2021, Facebook reported a first-ever fall in its users. This was the sheer intraday downfall of the US-based firm in the market so far.</p>
<p>This resulted in Mark Zuckerberg diving to 12th position in richest man, worldwide. Zuckerberg&#8217;s net worth stands at $84.8 billion. This net worth is lower than Mukesh Ambani&#8217;s worth $ 89.5 billion, and Gautam Adani&#8217;s $90.5 billion respectively, as calculated by Forbes.</p>
<p>As per analysis, Meta&#8217;s general inventory worth crashed by over 200 billion USD, roughly equal to the dimensions of New Zealand’s economic system. In the fourth quarter, Meta has reported a turnover of 33.67 billion$, however, has made $10.3 billion in internet revenue, which is about 8% lower than the final 12 months, as per sources.</p>
<p>The top billionaire among all is Elon Musk, the owner of Tesla and SpaceX. The top 10 of this list include- Jeff Bezos with $ 165 billion net worth, Bill Gates with $ 132 billion, Larry Page with  $ 122 billion, Warren Buffet with $ 144 billion, and others. India&#8217;s billionaire Gautam Adani listed at 10th position, with a net worth of $ 91 billion, and Mukesh Ambani on 11th at $90 billion.</p>
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<p>The post <a href="https://www.thetechoutlook.com/news/ambani-and-adani-now-richer-than-mark-zuckerberg-as-meta-shares-crash/">Ambani and Adani now richer than Mark Zuckerberg, as Meta shares crash</a> appeared first on <a href="https://www.thetechoutlook.com">The Tech Outlook</a>.</p>
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