According to media reports, the stocks of Facebook fell by 5 percent on Monday, adding to a 15 percent decline since mid-September. Prior to the global social media outage, Mark Zuckerberg ranked at the 3 rd spot on the list of billionaires across the globe, and now, he has dropped to the 5 th spot. Now, Zuckerberg’s net worth stands at around 121.6 billion dollars, and he has dropped below Bill Gates in the billionaire’s list. The CEO lost around USD 7 billion and slipped to the 5th spot in the billionaires’ list as the three apps remained down for hours. Due to this outage, Mark Zuckerberg, the owner of all three platforms incurred major losses. We’re aware that some people are having trouble accessing our apps and products. Facebook confirmed the outage in a tweet Monday, something some people might experience problems accessing their feeds. The three social media applications, Facebook, WhatsApp, and Instagram, were not in service for nearly six hours, resulting in one of the longest social media outages in history. As I wrote for the Deseret News, the social media apps Facebook, Instagram and WhatsApp all went down on Monday morning due to a global outage. As per reports, Mark Zuckerberg lost nearly USD 7 billion as Facebook, Instagram, and WhatsApp remained down for several hours.

The social media outage impacted millions of people across the globe, including Facebook CEO Mark Zuckerberg himself.

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