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International Business Times UK
International Business Times UK
Business
Martin Toledo

Inside Meta's AI Meltdown: How Zuckerberg Lost $29B Overnight — and What Went Wrong

Meta Mark Zuckerberg Disney ESPN
Meta’s stock crash wiped $29 billion from Mark Zuckerberg’s wealth overnight (Credit: AFP News)

Mark Zuckerberg's wealth plunged by an astonishing $29 billion (£22.04 billion) in a single trading day after Meta's shares suffered one of their steepest drops in years.

The tech billionaire's fortune tumbled as investors reacted to Meta's announcement of record artificial intelligence spending, sparking what analysts are calling one of the biggest market shocks of 2025.

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