Mark Zuckerberg risks $24-bn wealth wipeout after Meta misses estimates

Mark Zuckerberg could see $24 billion erased from his personal fortune, among the biggest one-day drops in wealth ever, after Meta Platforms Inc.’s fourth-quarter earnings missed estimates.

Meta reported no growth in monthly Facebook users in the fourth quarter relative to the prior period, raising questions about the company’s future growth. Meta’s share price was down about 20% in after-hours trading on Wednesday. 

Should that move hold, it would leave Zuckerberg, Meta’s chief executive officer, with a net worth of about $97 billion, down from $120.6 billion as of