Social media outage: Mark Zuckerberg loses $7billion

American Facebook founder, Mark Zuckerberg has lost a jaw-dropping $7 billion in the last few hours following outages of Facebook, Instagram, and WhatsApp social media platforms, according to reports.

The outage took place within the hours of 4pm till 11pm Nigerian time on Monday October 4th 2021. It left many thinking it was a wrong phone setting or mobile data connection.

As a result, he has fallen significantly down the list of the world’s wealthiest people. He’s reportedly lost around $19 billion since September 13th, when his wealth was tallied at almost $140 billion.

Zuckerberg’s personal stock dropped about 5%, totaling a 15% drop since September. Mark Zuckerberg’s net worth is now down to $120.9 billion and landing him at number 5 on the Bloomberg billionaire index.

S.I