After Facebook, WhatsApp and Instagram faced a massive outage on Monday, October 4, Facebook CEO Mark Zuckerberg's personal wealth reportedly fell by over $6 billion in a few hours.
The outage lasted for nearly seven hours. Moreover, hours before the outage, a whistle-blower came forward and revealed her identity which also likely contributed to the outage.
According to reports, Zuckerberg's personal wealth was reduced by over $6 billion in just a few hours. As per the Bloomberg Billionaires Index, this has cost Zuckerberg the fifth position among billionaires. Now, he stands with $120.9 billion in sixth place, behind Bill Gates. In addition, shares of Facebook plummeted about 5 per cent, adding to a 15 per cent drop since mid-September.
Major social media platforms that include the likes of WhatsApp, Instagram and Facebook went down on late Monday night, with reports speculating a global outage alongside a technical failure that has hindered the services of these platforms.
These platforms are owned by the American internet force Facebook. At nearly 9 pm, India time, users experienced outages on all the above-mentioned platforms. They then took to other platforms to voice their discontent regarding a plethora of issues they faced that include the likes of fresh messages not loading, or the user feed being disrupted.