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Mark Zuckerberg is in danger of losing his top 10 billionaire ranking

Mark Zuckerberg is in danger of losing his top 10 billionaire ranking

CNN
Friday, February 04, 2022 01:52:28 PM UTC

The historic collapse in Meta's shares this week has wiped $31 billion off Mark Zuckerberg's personal wealth, taking him down three places on Bloomberg's list of the world's richest people.

He now stands in 10th place on the Bloomberg Billionaires Index, behind Oracle (ORCL) co-founder Larry Ellison and just a few hundred million dollars above India's energy-to-tech entrepreneur, Mukesh Ambani. Tesla (TSLA) CEO Elon Musk tops the list by a wide margin.

Meta Platforms, the company formerly known as Facebook (FB), had its worst day ever on the stock market Thursday, after reporting a rare profit decline and stagnant user numbers, and delivering a vague assessment of the company's prospects as it invests heavily in augmented and virtual reality.

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