After a whistleblower came forward and outages brought Facebook Inc.’s major products offline, Mark Zuckerberg’s personal worth dropped by more than $6 billion in a matter of hours, putting him down a notch on the list of the world’s richest people.

The shares of the social media fell 4.9 percent on Monday, extending a slide of almost 15 percent since mid-September.

The stock market decline on Monday reduced Zuckerberg’s net worth to $121.6 billion, putting him behind Bill Gates on the Bloomberg Billionaires Index at No. 5. According to the index, he has lost about $140 billion in a few of weeks.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

فرنیچر ایسوسی ایشن اپنی برآمدات کی بنیاد کو بڑھائے، مفتاح اسماعیل

وزیر خزانہ مفتاح اسماعیل نے کہا ہے کہ فرنیچر ایسوسی ایشن اپنی…

Leaked document hints elimination of Palestinians from Gaza

First published by the Israeli news site Calcalist and entitled “Alternatives for…

Pakistan proud of Shehroze Kashif

After summiting, World’s second-highest peak K-2, 19-year-old Shehroze Kashif has become the…

Netanyahu threatens to seize territory in Gaza if hostages not freed

Israeli Prime Minister Benjamin Netanyahu repeated threats on Wednesday to seize territory…