Last Monday, everything from Facebook to WhatsApp and Instagram was closed. Yes, everyone's servers went down and it caused a lot of trouble to the people. On the other hand, Facebook's downing has also caused huge damage to its co-founder and CEO Mark Zuckerberg personally. According to the information received, his net worth fell by $7 billion (about Rs 52,000 crores) in a few hours and he dropped one notch in the list of billionaires.
You must be aware that all Facebook services around the world went down around 9 pm to 10 pm Indian time on Monday. Apart from Facebook's services, services to Instagram, WhatsApp, US telecom companies such as Verizon, AT&T and T Mobile also remained suspended for hours. In view of all this, Facebook shares started selling in US stock markets and within a day the price fell by 5 per cent. Let me tell you all that this stock has lost 15 per cent since mid-September.
On the other hand, the Bloomberg Billionaire Index says, the Zuckerberg's net worth declined to $120.9 billion, and it moved down to 5th position below Bill Gates. In fact, he was fourth on the list earlier. Not only that, his net worth has fallen by $19 billion since September 13 this year.
Oil prices at historic highs, know today petrol-diesel prices
SEBI proposes minimum price band for initial public offers
Adani Green Energy acquires SB Energy Holdings, India's largest renewables deal