Thursday, October 31, 2024

After losing $6 billion, Mark Zuckerberg has fallen behind Bill Gates from 5th to 6th richest man

After the Facebook outage, this lasted about seven hours and affected Instagram and WhatsApp, Facebook CEO Mark Zuckerberg’s personal 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 identify, which most likely contributed to the outage. Zuckerberg’s personal 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%.

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