Mark Zuckerberg loses almost $31 billion after Meta crash

Shares of facebook owner Meta dropped by 26% on Thursday.

After the Meta crash Mark Zuckerberg’s personal Wealth Plunged by $31 Billion.

Facebook suffered $230bn wipeout which is the biggest single day wipe-out in the history.

Meta is undergoing strong competition from short viral video-sharing app TikTok & YouTube Shorts.

The stock price of other social media companies including Twitter and Snapchat also fell.

Zuckerberg is now 10th richest person on Bloomberg's billionaires list, after the crash.

Warren Buffett is now richer than Mark Zuckerberg. Zuckerberg was 6th richest person just two weeks ago.

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