October 4th will go down in financial and social media history books as the day Facebooks CEO lost billions of dollars due to the extended outage of Facebook, Instagram and WhatsApp, all of which are owned by the CEO‘s company. This cost a drop in its stocks as well as money lost from not using these platforms. In fact, it seems like the world came to a sudden stand still.
Mark Zuckerberg’s personal wealth has fallen by more than $6 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline.
The stock slide of 4% on Monday sent Zuckerberg’s worth down to $121.6 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index. He’s down from almost $140 billion in a matter of weeks, according to the index.
