Mark Zuckerberg Loses $6 Billion in Hours as Facebook Plunges

Mark Zuckerberg Loses $6 Billion in Hours as Facebook Plunges
Economic Times
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Mark Zuckerberg’s personal wealth has fallen by more than $6 billion (roughly Rs. 44,790 cores) in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook’s flagship products offline.

On Monday, A selloff sent the social-media giant stock plunge 4.9 percent, adding to a drop of about 15 percent since mid-September. The stock slide on Monday sent Zuckerberg’s worth down to $121.6 billion (roughly Rs. 9,06,050 crores), dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index. He’s down from almost $140 billion (roughly Rs.10,43,150 crores) in a matter of weeks, according to the index.