Mark Zuckerberg has lost more than 6 billion in just six hours due to problems with Facebook, Instagram, and WhatsApp on Monday.
Shares of Facebook Inc. fell 4.89% on Monday as Facebook, Instagram and WhatsApp went down for six hours.
As a result, Zuckerberg’s fortune fell by 6.11 billion. Founder Mark Zuckerberg’s fortune has plummeted to 122 billion after a sharp fall in share prices.
However, Facebook’s share price rose 1.22% in Tuesday’s pre-market session. As many as 3.5 billion users could not access their accounts for six hours on Monday as Instagram and WhatsApp were not running along with Facebook.
Facebook has said that the problem is in the apps due to the wrong configuration. Most of the employees could not work as Facebook’s internal communication platform ‘Workplace’ was not working.