Sky-High Markets Are New Risk to Billionaires Beyond Death and Divorce
- Zuckerberg’s $31 billion one-day wealth drop is third-biggest
- Meta co-founders and Spotify’s Daniel Ek also lost fortunes
Mark Zuckerberg’s wealth plummeted as much as $31 billion on Thursday.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
For the world’s richest people, there used to be three ways to quickly see a fortune disappear: Death, default or divorce.
The past few months have added another risk: Sky-high valuations of giant technology companies falling from the stratosphere.