Mark Zuckerberg loses nearly $20 billion in 2 days: Is Meta’s AI spending to blame?

Mark Zuckerberg’s estimated fortune has fallen by nearly $20 billion in two trading sessions as a sharp decline in Meta Platforms shares fuels investor concerns over the enormous cost of its artificial intelligence investments.

Mark Zuckerberg’s wealth dropped $10.9 billion, or 4.23%, to $246.7 billion on Monday, taking his estimated fortune below the $250 billion mark, according to Forbes’ Real-Time Billionaires list.