Dustin Moskovitz’s Fortune Shrinks by $16 Billion
The Facebook Cofounder Faces Heavy Losses Amid Market Downturn
Meta and Asana Woes Hit Moskovitz Hard
Dustin Moskovitz, a Facebook cofounder, has seen his net worth shrink by $16 billion this year as shares of Meta Platforms and Asana—the two pillars of his wealth—have suffered major declines.
- More than half of his fortune comes from his estimated 2% stake in Meta.
- Another quarter is tied to Asana, the workflow software company he founded after leaving Facebook.
With Meta’s stock plunging 60% and Asana’s value dropping 80%, Moskovitz’s wealth has taken a massive hit.
The Road Ahead
Despite the downturn, Moskovitz remains heavily invested in Asana, leading the company’s push for greater efficiency and AI-powered productivity tools. Meanwhile, Meta’s recovery will depend on ad revenue, metaverse ambitions, and AI advancements.
Conclusion
As one of the youngest self-made billionaires, Moskovitz’s long-term vision for Asana and his Meta holdings will determine whether he can rebuild his wealth in the years ahead.