Mark Zuckerberg Loses Billions In Net Worth Due To Facebook Outage
Yesterday’s Facebook, Instagram, and WhatsApp outage might have left everyone scrambling all over the place, but the biggest hit came to Facebook CEO Mark Zuckerberg who got hit with a multi-billion-dollar deficit in his net worth!
According to Bloomberg, the 37-year-old’s net worth fell by at least $6 billion to $121.6 billion as his company’s shares plummeted 4.9% on Monday. This now makes him the fifth richest person in the world.
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Social media was down for hours yesterday wreaking havoc all over the world.
“We want to make clear at this time we believe the root cause of this outage was a faulty configuration change,” Facebook said in a blog post on Monday night. “We also have no evidence that user data was compromised as a result of this downtime.”
In addition, Frances Haugen, who formerly worked as a product manager for Facebook, testified against the platform and Zuckerberg at senate per AP, many claimed the outage was due to this, but we cannot confirm these reports.
“Facebook, over and over again, has shown it chooses profit over safety,” she said in a viral “60 Minutes” interview, claiming that the company is “willing to actually invest what needs to be invested to keep Facebook from being dangerous.”