Mark Zuckerberg’s fortune plunged $18 billion as stocks of Meta Platforms Inc. tumbled, permitting Tesla Inc.’s Elon Musk to cement his standing as the arena’s third-richest billionaire.Meta stocks fell 11% Thursday in New York after the social media corporate stated second-quarter gross sales had been more likely to are available beneath estimates. Zuckerberg’s one-day drop in internet value is the Eleventh-largest ever associated with a inventory transfer amongst the ones within the Bloomberg Billionaires Index, along with his fortune now at $157 billion. Musk, 52, added $5.8 billion in wealth to $184 billion as Tesla inventory persevered its post-earnings rally.
