Mark Zuckerberg Loses $25 Billion—Now World's Fifth-Richest As Meta Shares Plummet

ToplineRoughly $25 billion was cut from Mark Zuckerberg’s net worth as Meta shares dropped by more than 10% on Thursday, pacing what would be the company’s largest single-day loss this year after a tax charge lowered Meta’s quarterly earnings well below Wall Street’s forecasts. Earnings fell significantly below Wall Street’s expectations, though Meta said it would have exceeded projections before the tax charge.Zuffa LLC via Getty ImagesKey FactsShares of Meta fell 12.3% to around $658.50 after the bell ran ...