As of October 31, Mark Zuckerberg‘s name on the Bloomberg Billionaires Index dropped two ranks, leaving him at No. 5 right below Amazon boss Jeff Bezos and Alphabet Inc’s Larry Page. The decline marked the lowest fall in the Meta CEO’s standing on the roster in nearly two years, accounting for a $29.2 billion loss to the tech titan’s total net worth.
What is Mark Zuckerberg’s net worth?
According to the latest Bloomberg Billionaire Index figures, Zuckerberg has an estimated net worth of $235.2 billion. The billions-worth loss to his net worth also described as the “fourth-largest one-day market-driven decline” ever recorded by the platform’s wealth index.
Meanwhile, Forbes projected his real time net worth as $228.5 billion as of October 30, still making him the fifth-richest person in the world.
Billionaire ranking flipped: Why is Mark Zuckerberg the fifth-richest person now?
The Meta CEO’s net worth slump was directly linked to the company’s stock falling 11% — the most since 2022, as per Bloomberg’s stats. The sudden change followed the tech giant’s strategic decisions aligned with doubling down on investments tied to artificial intelligence research. In addition to Bloomberg’s numbers, Forbes said that the company shares fell 12.3% to around $658.50 Thursday morning.
In a Facebook post, Zuckerberg addressed the quarterly earnings report aftermath. “We’re very focused on building personal superintelligence for everyone, and delivering the app experiences and computing devices that will improve the lives of billions of people around the world,” he wrote on Wednesday, adding that he was focussed on establishing “Meta as the leading frontier AI lab.”
Just a day before that, Meta reported its third-quarter earnings per share (EPS) of $1.05. According to FactSet, these figures fell 84% below what economists’ original $6.72 prediction. The tech behemoth suffered the loss despite $51.2 billion revenue, which soared significantly above the estimated $49.5 billion-mark.
In simple words, Meta’s AI spending has shaken the ground beneath investors’ feet. Zacks Investment Management Portfolio manager Brian Mulberry offered his expert insight to the Wall Street Journal, saying, “The total dollar spend is just kind of what hangs us up a little bit. They have to start doing a better job of showing us when that comes back to the balance sheet.”
He also added, “The return on invested capital is definitely a huge metric for us and the fact that they are being a little bit cagey and not quite upfront with what exactly is going on doesn’t help soothe those fears.”
Top 5 richest billionaires, according to Bloomberg’s wealth index – As of Oct 31
| Rank / Name | Net Worth |
| 1 / Elon Musk | $457 billion |
| 2 / Larry Ellison | $317 billion |
| 3 / Jeff Bezos | $246 billion |
| 4 / Larry Page | $244 billion |
| 5 / Mark Zuckerberg | $235 billion |
Top 5 richest billionaires, according to Forbes’ real time list – As of Oct 30
| Rank / Name | Net Worth |
| 1 / Elon Musk | $488.1 billion |
| 2 / Larry Ellison | $313.3 billion |
| 3 / Jeff Bezos | $235.4 billion |
| 4 / Larry Page | $232.2 billion |
| 5 / Mark Zuckerberg | $228.5 billion |
