Facebook co-founder Mark Zuckerberg is about to become a dad for the third time. Taking to Instagram, Mr Zuckerberg announced that his wife, Priscilla Chan, is pregnant with baby number 3. He wrote, “Lots of love. Glad to report that Max and August are getting a new sister next year.”
The couple has been married since 2012 and has two daughters- August and Maxima. Mr. Zuckerberg and Miss Chan, college sweethearts, began dating in 2003 after meeting at a Harvard University frat party. They got married in 2012 and recently celebrated their 10th wedding anniversary.
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Mr Zuckerberg was once one of the wealthiest men, but his net worth has declined in recent times. Meta Platforms Inc. The CEO of the U.S. has lost $68.3 billion, or about 54% of his fortune.
His fortune has halved and then some, having fallen by $71 billion so far this year, the highest of the ultra-rich as tracked by the Bloomberg Billionaires Index. With $55.9 billion, his net worth ranks 20th among global billionaires, his lowest since 2014 and three behind Walton and two members of the Koch family.
It was less than two years ago that 38-year-old Zuckerberg was worth $106 billion and among an elite group of global billionaires, only Jeff Bezos and Bill Gates were leading big fortunes. His wealth soared to a peak of $142 billion in September 2021, when the company’s shares reached $382.
The following month, Zuckerberg started Meta and changed the company’s name to Facebook Inc. And it’s gone largely downhill from there as it struggles to find its footing in the tech universe.