Trending News

Facebook founder Mark Zuckerberg announces he's expecting third child – after losing $71 BILLION

Facebook founder Mark Zuckerberg has announced he is expecting his third child – hours after his net worth was revealed to have plummeted by $71 billion.

The business mogul, 38, shared the exciting baby news via Instagram amid reports he had lost billions of dollars after trying to pivot in the metaverse.

Zuckerberg and his wife, Priscilla Chan, already share two children together, two daughters, named Maxima, six, born in December 2015, and August, five, born in August 2017.

‘Lots of love. Happy to share that Max and August will have a new baby sister next year,’ he wrote on social media, alongside a snap showing the billionaire alongside his wife, Chan, as he he put his hand on his stomach.

Facebook founder Mark Zuckerberg (seen with his wife on September 15) has announced he is expecting his third child – after it was revealed his net worth had plummeted by $71billion

The business mogul, 38, shared the exciting baby news via Instagram amid reports he had lost billions of dollars after trying to pivot in the metaverse

Zuckerberg and his wife, Priscilla Chan, already share two children together, two daughters, named Maxima, six, born in December 2015, and August, five, born in August 2017

The announcement comes less than a day after Bloomberg reported that the entrepreneur had lost a large amount of money over the past year.

‘Lots of love. Happy to share that Max and August will have a new baby sister next year,’ Mark wrote on social media

According to the outlet, he was worth $142 billion in September 2021, but as of Tuesday his net worth was just $56 billion.

Economic headwinds meant Zuckerberg was ranked 20th among global billionaires – his lowest spot since 2014.

The New York-born billionaire has seen his fortune steadily disappear since launching Meta, Facebook’s parent company, in October 2021.

In February, Meta revealed no growth in Facebook’s monthly user count, triggering a historic crash in its share price and reducing Zuckerberg’s fortune by $31 billion – leading to one of the biggest drops in wealth ever. in one day never recorded.

The announcement comes less than a day after Bloomberg reported that the entrepreneur had lost a large amount of money over the past year.

The billionaire (seen with his wife after the birth of their daughter, Max) has seen his fortunes steadily soar since launching Meta, Facebook’s parent company, in October 2021

Almost all of Zuckerberg’s wealth is tied to Meta shares, as he owns more than 350 million shares, according to the company’s latest proxy statement. He is seen with his family

Almost all of Zuckerberg’s wealth is tied to Meta shares, as he owns more than 350 million shares, according to the company’s latest proxy statement.

Zuckerberg started Facebook in February 2004, during his sophomore year of college.

It later expanded by buying Instagram and WhatsApp, and last fall announced that the parent company would change its name from Facebook, Inc. to Meta Platforms, Inc. to “reflect its focus on building the metaverse” – something that appeared to backfire on the computer scientist.

Meta is underperforming its peers, Bloomberg reported — down 57% this year, compared to 14% for Apple, 26% for Amazon and 29% for Google parent company Alphabet.

Zuckerberg and his wife, a 37-year-old philanthropist and former pediatrician, met at a frat party when they were both attending Harvard University.

They started dating in 2003 and got married nine years later – in May 2012 in an intimate ceremony held in their garden.

After the birth of their first daughter, the couple announced in a letter posted on Facebook that most of their money would be left for charity, rather than their offspring.

The share price of Meta, Facebook’s parent company, has fallen 30% in the past six months (pictured)

Zuckerberg and his wife, philanthropist and former pediatrician, 37 (seen in 2019) met at a party when they were both attending Harvard in 2003 and married in 2012

The couple previously launched the Chan Zuckerberg Initiative together, an organization dedicated to “personalized learning, curing disease, connecting people, and building strong communities,” and they revealed that “99% of their Facebook shares” were going to be donated “to further this mission” during their lifetime.

“We know this is a small contribution compared to all the resources and talents of those already working on these issues. But we want to do what we can, working alongside many others,” they wrote in a joint statement at the time.

During a 2019 interview with Gayle King, Zuckerberg opened up about keeping his children on Earth despite his great fortune.

‘How do you raise children when you can really give them anything, materially, to be grounded?’ King asked, to which the Facebook founder replied, “Well, I think, first of all, we don’t give them everything.

“It’s an important element, but they also have responsibilities.”

Chan added, “They have tasks, they have responsibilities. We also take them to work. Mark and I take them both to the office to see what we’re doing, how we’re contributing.

He also revealed on the Lex Fridman podcast that he sits down with his daughters every night before bed to discuss the things he considers “most important in life”, including taking care of yourself and your health, valuing your friends and family, and achieving your future goals.

Speaking to The Times, Chan revealed that she and her husband split the parenting duties — she got them ready in the morning and Zuckerberg took care of the bedtime routine.

She also revealed that August had been “coding” with her dad since she “was three.”

Leave a Reply

Your email address will not be published.

You May Also Like

Latest News

The Sanibel Causeway, which provides the only link to Sanibel and Captiva Island off Fort Myers, will need to be rebuilt after Hurricane Ian...

Trending News

Queen’s death certificate released: Records reveal monarch died of ‘old age’ at 3.10pm on September 8 at Balmoral – Princess Anne named ‘informant’ By...

Latest News

‘Everyone was making fun of my body’: Chloe Grace Moretz says meme with altered photo comparing her to Family Guy character made her an...

Latest News

Queen Margrethe of Denmark has stripped four of her grandchildren of their royal titles, the Danish royal family has announced. The monarch removed the...

Copyright © 2022 6T News

Exit mobile version