Feb 4, 2022
By: BI India BureauThis is among the biggest one-day drops in wealth ever after the company witnessed a slight dip in its daily active users (DAU) in the last three months.
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Gautam Adani’s net worth: $90.5 billion, Mukesh Ambani’s net worth: $89.5 billion, Mark Zuckerberg’s net worth: $84.8 billion
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With a net worth of $90.5 billion, according to Forbes, Adani’s business empire now spans from mining to ports and consumer products to renewable energy.
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The chairman of Reliance Industries, Mukesh Ambani, with a net worth of $89.5 billion, ranks 11 among world’s richest people.
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The Bloomberg Billionaire Index highlights that Mark Zuckerberg is the 10th richest person in the world, followed by Mukesh Ambani and Gautam Adani.
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The fall in Mark Zuckerberg’s personal wealth was caused by the rapid dip in Meta’s (formerly known as Facebook) share prices. The company's fourth-quarter results fell short of analysts' expectations.
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Facebook lost around 500,000 daily users in the last three months of 2021, the company highlighted.
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Zuckerberg emphasised the threat Meta faces from growth in video platforms like TikTok and YouTube as people watch more and more short-form videos online.
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Despite this, Meta remained widely profitable with its total revenue for 2021 growing to nearly $118 billion. The company’s revenue was at $33.7 billion for the October to December quarter.
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