Mark Zuckerberg loses $3 billion after Facebook, Instagram global outage
Meta CEO Mark Zuckerberg lost nearly $3 billion in a day after the company’s flagship platforms Facebook and Instagram faced a global outage.
Zuckerberg’s net worth declined by $2.79 billion in a day to $176 billion on the Bloomberg Billionaires Index, but he maintained his position as the world’s fourth-richest person.
Following the hour-long global outage, Meta shares declined 1.6 per cent, leading to the erosion in Mark Zuckerberg’s net worth. Meta shares closed the overnight trading session on Wall Street at $490.22 apiece.
