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Mark Zuckerberg loses $6 Billion in 6 hours on Facebook-distraction

With Facebook shut down for just a few hours, the company’s CEO Mark Zuckerberg’s personal wealth has shrunk by more than $6 Billion in one fell swoop. He also fell behind in the list of top rich people in the world.

All the services owned by Facebook including Facebook, Instagram and WhatsApp were suddenly shut down on Monday night. After being off for about six hours, they gradually started coming online. Mike Shroffer, the tech giant’s chief technology officer, has apologized to users for the inconvenience.

Zuckerberg himself apologized in a Facebook post, writing, ‘Facebook, Instagram, WhatsApp and Messenger are coming back online. Sorry for this problem. I know how much you rely on our services to connect with the people of your choice. ‘

A selloff sent the social-media giant’s stock plummeting 4.9% on Monday, adding to a drop of about 15% since mid-September.

The stock slide on Monday sent Zuckerberg’s worth down to $121.6 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index. He’s down from almost $140 billion in a matter of weeks, according to the index.

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