Chief Executive Officer of Facebook, Mark Zuckerberg, reportedly lost nearly $7bn to the outage that plagued the social media platform on Monday.
According to Bloomberg, a selloff plummeted Facebook’s stock around 5 percent on Monday.
The stock slide dropped Zuckerberg’s worth to $128 billion on the Bloomberg Billionaires Index. He is now 5th on the list, with Microsoft boss, Bill Gates in 4th.
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The outage reportedly took place at about 4.42pm Nigerian Time on Monday.
The crash of the social media platforms lasted for about 6 hours.
The outage was the second in 2021 with the first happening in March.
