Facebook co-founder Mark Zuckerberg saw his net worth decrease by almost $30 billion following the record-breaking plunge of Meta shares Thursday.
With a current net worth of $84.3 billion, according to Forbes, it is the first time the 37-year-old hasn't been one of the 10 richest people on earth since summer 2015. Zuckerberg owns nearly 13% of Meta, which recently rebranded from Facebook.
Zuckerberg's $29.8 billion loss is the second-largest single-day loss in history, surpassed only by the $35 billion that the world's richest man Elon Musk lost in November after he tweeted about selling 10% of his Tesla stake. Musk also lost $25.8 billion from his net worth last week, Bloomberg reports.
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With a current net worth of $84.3 billion, according to Forbes, it is the first time the 37-year-old hasn't been one of the 10 richest people on earth since summer 2015. Zuckerberg owns nearly 13% of Meta, which recently rebranded from Facebook.
Zuckerberg's $29.8 billion loss is the second-largest single-day loss in history, surpassed only by the $35 billion that the world's richest man Elon Musk lost in November after he tweeted about selling 10% of his Tesla stake. Musk also lost $25.8 billion from his net worth last week, Bloomberg reports.
Mark Zuckerberg's net worth just fell almost $30 billion in one dayâthe second-biggest drop ever
The 26% drop was Meta's biggest single-day plunge ever, and wiped more than $200 billion off of its market cap — also a record.
