Mark Zuckerberg's net worth is shedding billions
Avery Hartmans | Publié le
- Facebook CEO Mark Zuckerberg's net worth dropped by $7 billion on Monday, Bloomberg reported.
- Facebook's stock dipped amid widespread outages and revelations from a whistleblower.
- Zuckerberg is now the fifth-richest person in the world behind Bill Gates, according to Bloomberg.
- See more stories on Insider's business page .
Mark Zuckerberg's net worth is nosediving amid revelations from a whistleblower and Monday's widespread Facebook outages .
Zuckerberg's net worth dipped by $7 billion in a matter of hours as a stock selloff prompted Facebook to fall by roughly 5%. Zuckerberg's wealth has now dropped to $120.9 billion, making him the fifth-richest person in the world behind Bill Gates, according to Bloomberg's Scott Carpenter .
Zuckerberg had previously risen as high as No. 3 on Bloomberg's Billionaires Index, but his net worth has been sliding for several weeks: Since September 13, Zuckerberg has lost $19 billion, according to Bloomberg.
Reports of issues accessing Facebook - as well as Facebook-owned platforms Messenger, Instagram, and WhatsApp - arose around 11:45 a.m. ET on Monday, according to user reports on Downdetector . Facebook said in a tweet that it is currently "working to get things back to normal as quickly as possible."
According to Ryan Mac, a technology reporter at The New York Times, the outages are affecting Facebook's internal platforms as well, which Instagram chief Adam Mosseri seemed to confirm in a tweet : "it does feel like a snow day," he wrote.
But prior to Monday's outage, Facebook was the subject of a series of blistering Wall Street Journal reports based on a trove of internal documents, which revealed that Facebook knew about a range of issues with its platforms, including how Instagram affects teenage girls and the rise of white nationalist content on Facebook . The whistleblower, Frances Haugen, revealed her identity on "60 Minutes" Sunday night.
Via PakApNews