On October 31st, as reported by Bloomberg, the Bloomberg Billionaires Index revealed a significant downturn for Meta's CEO, Mark Zuckerberg. His wealth ranking has tumbled out of the global top three, descending to the fifth spot—marking his lowest position in nearly two years. The catalyst for this decline was Meta's Thursday announcement of issuing $30 billion in investment-grade bonds, earmarked for AI research funding. This move triggered a sharp 11% drop in Meta's stock price, resulting in a staggering one-day loss of $29.2 billion from Zuckerberg's personal fortune.
