Mark Zuckerberg underwent surgery last year after tearing a ligament during a competition
Meta warned investors that Mark Zuckerberg's passion for martial arts could lead to… a big threat to yourself. risk of serious injury or death.
The social media giant said its founder's love of competitive fighting, which led him to undergo surgery for a torn ligament last year, could impact the company if he ends up in side.
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In an unusual disclosure to investors, Mehta said: “Mr. Zuckerberg and certain other members of management engage in a variety of high-risk activities such as combat sports, extreme sports and recreational aviation, which carry the risk of serious injury and death.
«If Mr. Zuckerberg becomes unavailable for any reason, our business could be materially adversely affected.»
The Meta executive has become increasingly obsessed with mixed martial arts, building an «octagon» in his garden and training with former professionals.
Last year, he discussed organizing a «cage match» with Elon Musk, although negotiations to fight went nowhere.
Zuckerberg later said that the Tesla mogul did not take this proposal seriously.
Elon Musk began MMA training, but the mooted fight with Zuckerberg did not take place
He is also an enthusiastic hydrofoil surfer and, reportedly received his pilot's license last year.
US-listed companies are required to disclose various «risk factors» to investors to protect themselves from lawsuits.
The disclosure comes as Zuckerberg surpassed Bill Gates to become the world's fourth richest person.
His net worth increased to more than $166bn (£132bn) on Friday as Meta shares jumped. by 21% on stellar financial results.
Meta, which owns Facebook, Instagram and WhatsApp, said on Thursday that profits tripled.
That led to the company unveiling plans to return $50 billion to shareholders through share buybacks and pay its first dividend.
On the global rich list, Zuckerberg now ranks behind Amazon founder Jeff Bezos and French luxury tycoon Bernard Arnault and Elon Musk, the world's richest man with a net worth of $205 billion.
Mr Bezos on Friday regained his status as the world's second richest person, overtaking Mr Arnault after a surge in Amazon shares.< /p>
Meanwhile, Mr Musk risks falling behind Mr Bezos after he lost a key legal battle over Tesla's $56 billion payout package this week.
G Mr. Zuckerberg will be a direct beneficiary of Meta's plans for a quarterly dividend of 50 cents per share, as he will receive $700 million a year from the company.
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Meta's founder receives a salary of $1 and no other salary compensation, with his net worth directly dependent on Meta's share price.
However, the company pays for his personal security in the amount of $14. m.
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