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Mark Zuckerberg Loses Over $6 Billion Hours After Facebook Outage

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FACEBOOK CEO Mark Zuckerberg’s personal wealth fell by over $6 billion in a few hours after the Facebook outage bringing him down a notch on the list of the world’s richest people, after the social media giant faced an outage of nearly seven hours along with Instagram and WhatsApp.

Hours before the outage, a whistleblower came forward and revealed her identity which also likely contributed to the outage. In just a few hours, Zuckerberg’s personal wealth was reduced by over $6 billion.

According to the Bloomberg Billionaires Index, this has cost Zuckerberg the fifth position among billionaires. Now, he stands with $120.9 billion in sixth place, behind Bill Gates. Shares of Facebook plummeted about 5 per cent, adding to a 15 per cent drop since mid-September.

According to The Index, Zuckerberg is down from almost $140 billion in a matter of weeks. On September 13, the Wall Street Journal began

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