Mark Zuckerberg posing with UFC president Dana White throughout a UFC Battle Night time occasion.

Jeff Bottari | Ufc | Getty Photographs

Mark Zuckerberg’s choice for blended martial arts and water sports activities just isn’t solely a private hazard, it is also a danger to traders.

In its annual financial report for 2023 filed Friday, Meta disclosed a brand new danger issue that pertains to Zuckerberg and some other executives engaged in probably harmful hobbies.

“Mr. Zuckerberg and certain other members of management participate in various high-risk activities, such as combat sports, extreme sports, and recreational aviation, which carry the risk of serious injury and death,” Meta stated. “If Mr. Zuckerberg were to become unavailable for any reason, there could be a material adverse impact on our operations.”

Zuckerberg — Meta’s founder, CEO and largest shareholder — has a well-documented curiosity in MMA and excessive sports activities resembling hydrofoiling, a pastime he showed off in patriotic fashion.

In November, Zuckerberg revealed that he tore his anterior cruciate ligament, or ACL, throughout MMA coaching and had undergone surgical procedure to exchange it.

His preventing passion additionally made headlines final yr as a part of a web-based spat with Tesla CEO Elon Musk. The tech executives, two of the world’s 4 richest folks, have lengthy butted heads on issues associated to synthetic intelligence and are direct rivals now that Musk owns social media platform X.

Zuckerberg and Musk had agreed to take their rivalry into the cage for an MMA match. For varied causes, the battle was finally known as off. Each accused the other of bailing.

In response to a Morning Brew post on Threads in regards to the new danger elements, Zuckerberg posted a GIF stating, “High risk = high reward.”

Meta shares soared Friday after the corporate reported a tripling of fourth-quarter revenue and issued its first-ever dividend.

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