Mark Zuckerberg loses over $6 billion hours after Facebook outage

Zuckerberg's personal wealth was reduced by over $6 billion after the nearly 7-hour outage that took place on Monday evening.

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.