Mukesh Ambani, Gautam Adani now have more wealth than Facebook's CEO Mark Zuckerberg

Facebook founder and CEO Mark Zuckerberg have lost $29 billion as Meta Platform Inc has plunged to a record low on February 4. The has made India’s billionaires Mukesh Ambani and Gautam Adani richer than Zuckerberg as now today they have more net wealth than the Facebook founder.

The fall of Meta’s stock has surprised everyone in the tech landscape in the world. The stocks have fallen 26 per cent and this has wiped out over $200 billion in a single day of trading which is unprecedented and the biggest ever. This is for the first time that any US company has suffered such a huge loss in a single day of trading.

According to reports, the Single day decline in the wealth of Zuckerberg is among the biggest ever. Earlier Elon Musk, who is Tesla Inc top boss, had suffered a loss of $35 billion in a single-day paper loss in November.

Since July 2020, this is the lowest that this stock has touched. According to Forbes, Zuckerberg’s net worth has fallen down to $85 billion. Now on Forbe’s list of real-time billionaires, Zuckerberg has gone to 12th spot which is below India business biggies Mukesh Ambani and Gautam Adani.

Reliance chairman and managing director Mukesh Ambani’s net worth stands at $89.6 billion. Even Adani group chairperson Gautam Adani and his family show a net wealth of $90.4 billion on the Forbes list.