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Zukerberg loses USD 7 million after global outage

News Desk || shiningbd

Published: 17:11, 5 October 2021  
Zukerberg loses USD 7 million after global outage

Social media giant Facebook CEO Mark Zuckerberg's personal wealth went down as he lost nearly USD 7 billion in a few hours after Facebook, WhatsApp and Instagram suffered a global outage on Monday.

According to a Bloomberg report, Zuckerberg also slipped to the 5th spot in the billionaires’ list after Facebook stocks plunged due to the global outage. Zuckerberg, with a total wealth of USD 121.6 billion, has fallen behind Bill Gates.

Social media giant Facebook CEO Mark Zuckerberg's personal wealth went down as he lost nearly USD 7 billion in a few hours after Facebook, WhatsApp and Instagram suffered a global outage on Monday.

According to a Bloomberg report, Zuckerberg also slipped to the 5th spot in the billionaires’ list after Facebook stocks plunged due to the global outage. Zuckerberg, with a total wealth of USD 121.6 billion, has fallen behind Bill Gates.

Notably, a flurry of companies pulled advertising from Facebook Inc.'s network after the social media giant apps like WhatsApp, Instagram and messenger suffered a major global outage yesterday. 

Mark Zuckerberg previously ranked at the third spot on Bloomberg's Billionaires Index. According to Bloomberg, the stocks of Facebook fell by 5% on Monday, adding to a 15 percent decline since mid-September.
 

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