Shares of the company dropped after the social media giant reported a rare profit decline due to a sharp rise in expenses, shaky ad revenue growth, competition from TikTok and fewer daily U.S.
Zuckerberg had reportedly sold Meta shares worth $4.47 billion last year, before the tech rout.
Musk continues to top the list of global billionaires with a net worth of $234.7 billion, according to data from Forbes.
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