World

Know How Much Monday Global Outage Cost Facebook CEO Mark Zuckerberg

Social media giant Facebook CEO Mark Zuckerberg lost nearly USD 7 billion as Facebook, Instagram, and WhatsApp remained down for over six hours on Monday.

According to a Bloomberg report, Zuckerberg also slipped to the 5th spot in the billionaires’ list after Facebook stocks plunged due to the global outage.

He was earlier ranked at the third spot on Bloomberg’s Billionaires Index.

A selloff sent the social-media giant’s stock plummeting around 5% on Monday, adding to a drop of about 15% since mid-September, the Business Standard reported.

Meanwhile, Zuckerberg has offered a personal apology to millions of its users worldwide.

“Facebook, Instagram, WhatsApp and Messenger are coming back online now,” Zuckerberg posted on Facebook. “Sorry for the disruption today — I know how much you rely on our services to stay connected with the people you care about,” he added.

Also Read: Facebook, WhatsApp, Instagram Partly Reconnect After 6-Hour Global Outage

 

OB Bureau

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