tech earnings

  • Mark Zuckerberg

    Mark Zuckerberg's Net Worth Plunges $29 Billion as Meta's Massive AI Investment Plan Alarms Investors

    Oct 31, 2025 09:55 am CST

    Meta CEO Mark Zuckerberg dropped to fifth place on the Bloomberg Billionaires Index after Meta's stock fell 11% following the announcement of a $30 billion debt offering to fund AI research. This $29.2 billion single-day wealth decline, the fourth-largest ever recorded, came as investors questioned Meta's plans to spend up to $118 billion on capital expenditures for AI development.