Mark Zuckerberg loses $6 billion after Facebook outage

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Mark Zuckerberg’s fortune has reportedly plummeted as his social media empire suffered a major outage. The sudden drop in Facebook, Inc. share value allegedly wiped $6 billion off his $121 billion net worth. The company’s stock price dropped by 5 percent by close of business on Monday as Facebook, WhatsApp and Instagram all suffered an outage lasting nearly six hours. The system failure comes amid mounting difficulties for the social media giant. It comes days after leaked documents were said to show Facebook “prioritising growth over safety. Former staff member Frances Haugen claimed the company put “profits before people” when dealthing with widespread issues like hate speech and misinformation. Zuckerberg posted an update on the platform to say all is well in the Facebook camp. But though service has resumed, he damage to his finances may take some time to recover. .

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