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Mark Zuckerberg Loses $6 Billion After Facebook, Instagram, And WhatsApp Outage – Drops to 5th Position on Billionaire List

Mark Zuckerberg’s personal wealth has dropped by more than $6 billion in a few hours after Facebook, Facebook Messenger, Instagram, and WhatsApp went down on Monday.

The Facebook founder and Chief Executive Officer (CEO) has been knocked down few steps on the list of the world’s richest people.

Zuckerberg is now ranked 5th on the list of the richest people in the world.

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A report from Yahoo Finance revealed that the stocks of the social media giant dipped 4.9% on Monday after the global outage, adding to a drop of about 15% since mid-September.

Zuckerberg’s worth went down to $121.6 billion due to the stock slide on Monday, 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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That is not the only headache of Zuckerberg. A former employee in Facebook’s civic integrity unit came to disclose some dirty dealings of the social media giant.

Data scientist Frances Haugen revealed that she was the source of the internal documents and research showing the company knew of the harmful effects caused by its platforms.

“I’ve seen a bunch of social networks and it was substantially worse at Facebook than what I had seen before,” Haugen said in an explosive 60 Minutes interview that aired in the United States.

“The version of Facebook that exists today is tearing our societies apart and causing ethnic violence around the world,” she added. 

SOURCE: GhanaCelebrities.Com

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