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Home Main Story

After the Facebook outage, Mark Zuckerberg loses nearly $6 billion in just a few hours

The Edge Media by The Edge Media
4 years ago
in Main Story, Social Edge
Reading Time: 1 min read
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After the Facebook outage, Mark Zuckerberg loses nearly $6 billion in just a few hours
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After the Facebook outage, which lasted about seven hours and affected Instagram and WhatsApp, Facebook CEO Mark Zuckerberg’s fortune dropped by over $6 billion in just a few hours, knocking him down a rung on the list of the world’s wealthiest individuals.

 

A whistleblower came forward hours before the disruption and exposed her identity, which most likely contributed to the outage. Zuckerberg’s worth was decreased by almost $6 billion in just a few hours. This has landed Zuckerberg in fifth place among billionaires, according to the Bloomberg Billionaires Index.

 

He is now in sixth place, with $120.9 billion, behind Bill Gates. Facebook’s stock has lost roughly 5% of its value since mid-September, bringing the total loss to 15%.

Tags: billionFacebookInstagramlosesMark ZuckerbergWhatsapp
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