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- Meta said in its latest annual report that CEO Mark Zuckerberg’s involvement in “martial arts” and other activities is a risk to investors.
- “Mr. Zuckerberg and certain other executives participate in a variety of high-risk activities that involve the risk of serious injury or death, including martial arts, extreme sports, and recreational aviation,” the company said in an SEC filing. Stated.
- Zuckerberg and Tesla CEO Elon Musk had agreed to a cage match last year, but the fight never materialized.
mark zuckerberg’s Preferring mixed martial arts or water sports is not only a personal risk, but also a risk for investors.
In its 2023 annual financial report filed Friday, Meta disclosed new risk factors regarding Zuckerberg and other executives engaging in potentially dangerous hobbies.
“Mr. Zuckerberg and certain other executives participate in a variety of high-risk activities that involve the risk of serious injury or death, including martial arts, extreme sports, and recreational aviation,” Mehta said. “Mr. Zuckerberg’s absence for any reason could have a material adverse effect on our operations.”
Mr. Zuckerberg, Meta’s founder, CEO, and largest shareholder, has a well-documented interest in extreme sports such as MMA and hydrofoil, and he is known for his patriotic He presented entertainment in his own way.
In November, Zuckerberg revealed that he tore his anterior cruciate ligament (ACL) while training for MMA and underwent surgery to replace it.
His martial arts hobby was also a topic of conversation last year as part of an online spat with Tesla’s CEO. Elon Musk. The technology executives, who are two of the world’s four richest people, have long been at loggerheads over issues related to artificial intelligence and are now a direct rival, with Musk owning social media platform X. It has become.
Zuckerberg and Musk have agreed to take their rivalry to the cage for an MMA match. The fight was eventually called off for various reasons. Each accused the other of posting bail.
In response to Morning Brew’s post on the thread about emerging risk factors, Zuckerberg posted a GIF that read, “High risk = high reward.”
Meta shares soared Friday after the company announced a triple in fourth-quarter profits and issued its first-ever dividend.
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