Breaking |

Breaking |

MARK ZUCKERBERG LOST $7 BILLION IN 6 HOURS DUE TO THE DOWNFALL OF FACEBOOK
Published : Oct 5, 2021, 11:14 am IST
Updated : Oct 5, 2021, 11:14 am IST
SHARE ARTICLE
Mark Zuckerberg, the company's co-founder, and CEO
Mark Zuckerberg, the company's co-founder, and CEO

Mark Zuckerberg, the company's co-founder, and CEO has been personally hurt by the Facebook shutdown.

 

New Delhi: Facebook co-founder and CEO Mark Zuckerberg has been personally hurt by the shutdown. In just a few hours, his fortune plummeted to $7 billion (approximately Rs 52,000 crore) and he slipped to number one on the list of billionaires. Shares of Facebook also fell 5 percent. Even the shares have fallen 15 percent since mid-September.

Advertisement

Mark ZuckerbergMark Zuckerberg


Zuckerberg has lost nearly 19 billion in assets since September 13. The CEO of Facebook's fortune has shrunk to $ 120.9 billion, taking him to fifth place in the Bloomberg Billionaires Index. Earlier, he was fourth on the list.

FACEBOOK FACEBOOK

Advertisement


On September 13, the Wall Street Journal began publishing a series based on an internal Facebook document, which revealed that Facebook was struggling with several problems with its product - such as damaging girls' mental health via Instagram and Misinformation about it.

Mark ZuckerbergMark Zuckerberg


The reports caught the attention of government officials and were revealed by Whistleblower itself on Monday. In response, Facebook made it clear that political polarization is a complex issue, for which you can't just blame technology.

Advertisement

SHARE ARTICLE

ROZANA SPOKESMAN

Advertisement
Advertisement

Baba Shankranand Bhuri Video Viral | One More Girl Victim Big revelations Against Ludhiana Baba

30 Jun 2025 4:40 PM

Bikram Majithia DrugCase Update: Vigilance probe intensifies against Majithia, Former PA Talbir Gill

30 Jun 2025 3:20 PM

Mohali police officer slaps a woman at Nijjar Chowk, Punjab

29 Jun 2025 3:26 PM

Gangster Jaggu Bhagwanpuria Mother Muder Case; Bambhia Gang, Gang War, Lawrence Bishnoi Goldy Brar

29 Jun 2025 3:22 PM

The Spokesman Debate: AAP MLA Faces Serious Allegations – From Accusations to Arrest and Aftermath

29 Jun 2025 3:18 PM

What is the real story behind the Batala Jaggu\'s mother murder case?

27 Jun 2025 5:17 PM
Advertisement