**Tough Luck, Zuck! Mark Zuckerberg Falls to Fifth on Bloomberg Billionaires Index**
Mark Zuckerberg tumbled from third to fifth place on the Bloomberg Billionaires Index after Meta’s stock plunged 11% on Thursday, wiping out $29.2 billion from his fortune in just one day. The 41-year-old CEO’s net worth fell to $235.2 billion, marking his lowest ranking in nearly two years, as investors recoiled from Meta’s plan to issue $30 billion in new debt to fund artificial intelligence spending, according to Bloomberg.
The drop represented the fourth-largest one-day market-driven loss ever recorded by Bloomberg’s wealth index.
### Investor Concerns Over Meta’s AI Spending
Meta’s steepest stock selloff since 2022 followed the company’s announcement that it would raise its total expense forecast for 2025 to as much as $118 billion. This includes up to $72 billion in capital expenditures to expand its AI infrastructure, with even higher spending anticipated in 2026.
This staggering outlay triggered at least two analyst downgrades, with some warning that Meta’s ambitious AI plans could squeeze profits.
Earlier this year, Zuckerberg’s net worth soared by $57 billion as Meta shares rose 28%. However, after the recent setback, he was leapfrogged by Amazon founder Jeff Bezos and Google co-founder Larry Page.
Tesla CEO Elon Musk remains comfortably atop the billionaires ranking, followed by Oracle co-founder Larry Ellison.
Both Bezos and Page benefited from strong earnings that boosted their companies’ stock prices. Amazon’s shares have surged more than 30% since April amid renewed optimism about its cloud-computing unit, which inked deals with AI startups including Anthropic. Alphabet stock climbed 2.5% after the company posted better-than-expected third-quarter revenue, powered by strong demand for cloud and AI services.
### Meta’s $30 Billion Bond Sale Sparks Worries
Meta’s $30 billion bond sale—the biggest investment-grade offering of 2025—was intended to bolster spending on AI, data centers, and metaverse projects. Instead, it sparked fears that the social media giant is overextending financially, just as competitors gain ground in AI-driven advertising.
This rout marked a sharp reversal for Zuckerberg, who earlier this year was closing in on Bezos and Elon Musk in the global wealth rankings.
### Zuckerberg’s Lavish Lifestyle Contrasts Public Image
Despite his massive wealth, Zuckerberg has cultivated a public image of modesty, often photographed wearing plain T-shirts and jeans. However, he quietly indulges in some of the most extravagant purchases among Silicon Valley elites.
He has poured hundreds of millions of dollars into real estate, including a massive estate on Kauai, Hawaii. The property reportedly includes an underground bunker with a blast-resistant door, though Zuckerberg has denied reports of a “doomsday bunker.” His Hawaiian holdings now span thousands of acres, making him one of the state’s largest private landowners. Local reports say his property features an extensive security system and a network of tunnels linking buildings across the compound.
Near his main residence in Palo Alto, California—which was designed to maintain privacy—Zuckerberg owns multiple homes.
### Collection of Luxury Vehicles and Luxury Yachts
Once known for driving modest vehicles such as a Honda Fit, Zuckerberg now owns an ultra-rare Italian Pagani Huayra valued at over $1 million, along with a growing collection of vintage cars including Ford Broncos and a custom Porsche worth about $250,000.
In recent years, he also entered the superyacht scene in dramatic fashion. Zuckerberg purchased the 387-foot yacht *Launchpad* for an estimated $300 million, along with a $30 million support vessel dubbed *Wingman*. For his 40th birthday, he reportedly hosted an extravagant bash aboard *Launchpad*, one of several lavish celebrations he’s thrown in recent years.
Additionally, the billionaire commissioned a 7-foot statue of his wife, Priscilla Chan—a piece that underscores both his personal affection and penchant for eye-catching displays of wealth.
### Meta Shares and Market Reaction
Meta shares were down nearly 2% as of 2 p.m. ET on Friday. Zuckerberg has not publicly commented on the market drop. The Post has sought comment from Meta.
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*Stay tuned for more updates on the evolving tech and billionaire landscape.*
https://nypost.com/2025/10/31/business/mark-zuckerberg-drops-in-billionaire-ranks-after-losing-29b-in-single-day-as-meta-stock-tanks/
