Meta Reportedly Witnessed Staggering $3 Bn Decline In Net Following Outage On Tuesday Evening
Pakyong, March 6 -- Following a widespread outage on Meta's leading platforms Facebook and Instagram, Meta CEO Mark Zuckerberg witnessed a staggering decline in his net worth, plummeting by nearly $3 billion within a single day, as reported by the Bloomberg Billionaires Index.
Despite this substantial setback, Zuckerberg managed to maintain his status as the fourth-richest individual globally. The outage, which persisted for approximately an hour, contributed to a 1.6% decrease in Meta shares, thereby exacerbating the decline in Zuckerberg's overall net worth. At the conclusion of the overnight trading session on Wall Street, Meta shares concluded at $490.22 each.
On Tuesday evening, users encountered significant difficulties accessing ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.