Source: www.thedrum.com
Things move fast in the metaverse and in the wider world of web3 as a whole. Here’s what you need to know from last week:
Mark Zuckerberg’s net worth is down about 71% so far in 2022, according to Bloomberg. His new report details how much Meta founder and CEO Mark Zuckerberg’s recent spending in the metaverse has cost the company, and himself personally. Zuck is now reportedly the 20th richest person in the world, a position he hasn’t held since 2014. He was the third richest person in the world as of September 2021, according to Bloomberg, when his net worth peaked at $142. billion.
Shortly after reaching that peak, in October 2021, Zuckerberg’s company changed its name to Meta and began investing primarily in software and hardware for…
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