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Mark Zuckerberg Drops To 5th Position In The List Of Top Billionaires Due To Social Media Outage

On Monday, WhatsApp, Instagram and Facebook have all gone down in a major outage with has made the businesses suffer. The three most-used apps, which are owned by Facebook and run on shared infrastructure, all completely stopped working shortly before 5 pm on Monday evening.

The Facebook founder and Chief Executive Officer (CEO) Mark Zuckerberg has been knocked down few steps on the list of the world’s richest people.

Zuckerberg is currently ranked 5th on the list of the richest people in the world.

A report from Yahoo Finance revealed that the stocks of the social media giant dipped 4.9% on Monday after the global outage, adding to a drop of about 15% since mid-September.

Zuckerberg’s worth went down to $121.6 billion due to the stock slide on Monday, dropping him below Bill Gates to number 5 on the Bloomberg Billionaires Index.

He’s down from almost $140 billion in a matter of weeks, according to the index.

This is a very difficult moment for Mark Zuckerberg. May God help him bounce back.

Content created and supplied by: Juniorholy96 (via Opera News )

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