Mark Zuckerberg

The world’s ten richest people earned a whopping $402 billion last year, foremost among them the wealthy owners of IT companies. The net worth of Tesla CEO Elon Musk increased by $121 billion in 2021, according to the Bloomberg Billionaires Index.

At a recent and eagerly awaited press conference, Facebook founder and CEO Mark Zuckerberg announced that the company will henceforth be called Meta, shifting its focus from a social network to a metaverse, i.e. a virtual-reality space.

Mark Zuckerberg was no longer among the five richest people in the world on Tuesday, all because of the Facebook, Instagram and WhatsApp crash.

Facebook owner and CEO Mark Zuckerberg said in an interview with The Verge that in five years Facebook no longer wants to be a social media company.