A stock dip comes after Reuters reported Meta estimated a chunk of revenue would come from running fraudulent ads.
Mark Zuckerberg lost about $29.2 billion as Meta's AI spending spooked investors, knocking him two spots down on Bloomberg's Billionaires Index.
Business Intelligence | From W.D. Strategies on MSN
Mark Zuckerberg's Fortune Falls $25 Billion As Meta Stock Crashes, Forbes Says
The tech world witnessed one of its most dramatic single-day wealth destructions this year as Meta's stock price plummeted, wiping out a staggering portion of its CEO's net worth. This massive ...
Mark Zuckerberg's personal wealth is closely linked to Facebook's fortunes.
Mark Zuckerberg has a lot of reasons to celebrate this week — more than 20 billion, actually. The Meta CEO saw his net worth jump $26.8 billion on Thursday, following a strong quarterly earnings ...
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight ...
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