Mark Zuckerberg's Shiny New $300M Diesel-Powered Mega Yacht Casts A Big Question Mark On His Climate Hero Status
Portfolio Pulse from Benzinga Neuro
Meta Platforms Inc. CEO Mark Zuckerberg has purchased a $300 million diesel-powered mega-yacht named 'Launchpad', despite his public advocacy for climate change. The yacht, built by Feadship and designed by Espen Øino International, is equipped with 4 MTU engines and ranks as the 45th largest mega-yacht globally. This acquisition has sparked criticism due to the contrast between Zuckerberg's climate change advocacy and his personal carbon footprint, which also includes a Gulfstream G650 private jet.
March 26, 2024 | 3:33 am
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Mark Zuckerberg's purchase of a diesel-powered yacht may impact Meta Platforms Inc.'s image, especially regarding its commitment to climate change.
The purchase of a diesel-powered yacht by Meta's CEO, Mark Zuckerberg, could potentially harm the company's public image, especially in light of its stated commitment to combating climate change. This discrepancy between Zuckerberg's personal actions and his public advocacy might lead to negative perceptions among investors and the public, potentially affecting investor confidence and the company's stock price in the short term.
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