Mark Zuckerberg loses USD 7 billion in hours after WhatsApp, Facebook and Instagram suffer global outage

Mark Zuckerberg previously ranked at the third spot on Bloomberg's Billionaires Index. According to Bloomberg, the stocks of Facebook fell by 5% on Monday, adding to a 15 percent decline since mid-September.

NEW DELHI: Social media giant Facebook CEO Mark Zuckerberg's personal wealth went down as he lost nearly USD 7 billion in a few hours after Facebook, WhatsApp and Instagram suffered a global outage on Monday.

According to a Bloomberg report, Zuckerberg also slipped to the 5th spot in the billionaires’ list after Facebook stocks plunged due to the global outage. Zuckerberg, with a total wealth of USD 121.6 billion, has fallen behind Bill Gates.

Notably, a flurry of companies pulled advertising from Facebook Inc.'s network after the social media giant apps like WhatsApp, Instagram and messenger suffered a major global outage yesterday.