Zuckerberg drops to 5th spot in billionaire ranking in 2-year low
Meta CEO Mark Zuckerberg has dropped to the fifth spot on the Bloomberg Billionaires Index, marking his lowest rank in nearly two years. His net worth fell by $29.2 billion to $235 billion. The dip comes after Meta's shares plunged 11% on Thursday, the biggest one-day loss since 2022, over concerns about the company's aggressive AI spending.