Mark Zuckerberg loses $ 6 billion after Facebook blackout

The economic losses of the creator of the social network placed him in fifth place in the ranking of the world's millionaires

The personal fortune of the creator and president of Facebook Inc., Mark Zuckerberg, was compressed into more than 6 billion dollars as a result of the global failure presented by the platforms Facebook, Instagram and WhatsApp, generating a drop in the ranking of the millionaire people in the world and ranking it in fifth place, as reported by Bloomberg.

Elon Musk, from the companies SpaceX, Tesla among others, Jeff Bezos, Amazon, Bernard Arnault, from Louis Vuitton Moët Hennessy, Bill Gates, co-creator and co-founder of Microsoft, along with Mark Zuckerberg, complete the top five of the ranking of billionaires.

As reported by Bloomberg, a “sell-off sent the social media giant’s shares down 4.9 % on Monday, adding to a drop of around 15 % since mid-September, reducing their value to 121.6 billion dollars (…). In just weeks it has lost almost $ 140 billion.”

Zuckerberg’s social networks crash

Facebook, Instagram and instant messaging WhatsApp suffered this Monday a stop of all their services for approximately six hours. Users began to experience service failures at approximately noon, then the failure reached the blackout that generated a disconnection in all the company’s social networks worldwide.

The 9to5mac website reported that Facebook’s failure was the product of a problem presented by a DNS that “erased the routes to the company’s domains“, also impacting the company’s internal network, which generated a greater complication and prolongation of the crash.

The companies resumed their operation at approximately 8:00 p.m., and although the managers used their Twitter account to apologize for the failures of the services to the users, there is still no official communication on the causes that motivated the blackout of the networks.

M. Rodríguez


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