Meta founder and one of the world’s richest men, Mark Zuckerberg, has lost $29 billion in one day.
Zuckerberg’s net worth fell by that much after Meta stocks reacted to Facebook losing online users.
All together Meta’s stock fell 26 percent. This means that more than $200billion was lost in a day. It is the biggest ever single-day market value wipeout for a US company.
Zuckerberg owns about 12.8 percent of the tech company. His personal loss was the most ever recorded by a single person.
Zuckerberg doesn’t have that much to worry about. His net worth still stands at $85 billion and is 12th on the all time list of world’s richest people.