Mark Zuckerberg’s love of cages aligns with meta risks, say concerned investors

Meta has been in the news for the past week as its stock price rose significantly following an impressive quarterly report. But the company’s investors are now concerned about CEO Mark Zuckerberg’s love of extracurricular activities, specifically cage matches.

Although Mark Zuckerberg has expressed interest and participated in a number of mixed martial arts matches and combat sports, the company’s shareholders appear not to be happy with the Facebook co-founder’s lifestyle choices.

In its latest filing with the Securities and Exchange Commission, Meta Inc. expressed concerns about Mark Zuckerberg’s lifestyle and the potential for his injury or health risks to pose a significant risk to the company.

Mehta said in the report’s “Risk Factors” section that the company relies on its CEO’s performance and that his participation in activities such as martial arts poses a potential risk of injury or death.

“We currently depend on the continued service and performance of our key personnel, including Mr. Mark Zuckerberg. “participating in a variety of high-risk activities that pose a risk of serious injury or death,” Mehta’s SEC filing states, Entrepreneur reported.

“Mr. Zuckerberg’s absence for any reason could have a material adverse effect on our operations,” the report continued.

Last year, Mark Zuckerberg tore his anterior cruciate ligament during a mixed martial arts match during training, and has since continued to participate in a number of “dangerous” activities, including cage matches, extreme sports, and hydrofoiling. The Facebook founder is also training to get his pilot’s license and participates in CrossFit.

Mark Zuckerberg expresses concern

Shareholders expressed concerns about the dangerous activities Facebook’s founders were participating in, and Mark Zuckerberg responded to those concerns with humor on X (formerly Twitter).

“Good point. Maybe investors should be more concerned that I’m not doing MMA,” Zuckerberg said while replying to a tweet about Meta’s SEC filing. . The tweet he responded to read, “Is @zuck doing his MMA a risk to the meta? His stock is up like 500% since he started training.” was. Meta CEO then posted a GIF that read, “High risk = high return.”

Meta’s stock soared more than 20% this week after it reported quarterly results. With this, Mark Zuckerberg increased his net worth by $27 billion and overtook Bill Gates on the Bloomberg Billionaires Index.