Mark Zuckerberg drops in billionaire ranks after losing $29B in single day as Meta stock tanks
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Mark Zuckerberg has dropped in the billionaire ranks after losing a significant amount of money in a single day due to Meta's stock performance. The loss is reportedly $29 billion. His ranking has fallen, with one report placing him in 5th place on the Bloomberg Billionaires Index, possibly due to Meta's substantial spending on artificial intelligence.