Meta plummets, Zuckerberg loses nearly $30 billion

On February 4, Meta’s stock price plummeted more than 26% on Thursday, and the net worth of the company’s founder and CEO Mark Zuckerberg shrunk by nearly $30 billion in one day, the second-largest one-day loss ever. It is second only to the $35 billion lost after Elon Musk announced the sale of his 10% stake in Tesla on Twitter last November. Zuckerberg, currently worth about $84.3 billion, has dropped out of the top 10 for the first time since the summer of 2015, according to the Forbes real-time rich list. Zuckerberg owns nearly 13% of Meta.