Mark Zuckerberg’s personal wealth has fallen by more than $6 billion (roughly Rs44,790 cores) in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistle blower came forward and outages took Facebook’s flagship products offline.
As per details, a selloff sent the social-media giant’s stock crashing 4.9 per cent on Monday, adding to a drop of about 15 per cent since mid-September.
The stock slide on Monday sent Zuckerberg’s worth down to $121.6 billion (roughly Rs9,06,050 crores), dropping him below Bill Gates to number five on the Bloomberg Billionaires Index. He’s down from almost $140 billion (roughly Rs10,43,150 crores) in a matter of weeks, according to the index.
On Monday, a technical problem related to Facebook’s DNS records generated at least six hours of outages.