It wasn’t a good day for Mark Zuckeberg and his company Facebook… and he has apparently lost a lot of money because of it.
The 37-year-old Facebook co-founder and CEO lost a big chunk of his personal wealth after the company’s stock took a hit on Monday (October 4).
The bad news for Facebook started when a whistleblower came forward with internal documents that claimed the company knew about issues with their products, but downplayed them to the public.
Then, Facebook and Instagram suffered an hours-long outage in which users were unable to log onto either platform.
Click inside to find out who much money he lost…
Bloomberg reports that Mark’s net worth has fallen by $6 billion and that he’s now worth $121.6 billion, moving him down a notch to the fifth richest man in the world.
When the services started coming back online on Monday night, Mark took to his Facebook page to offer an apology to users.
“Facebook, Instagram, WhatsApp and Messenger are coming back online now. Sorry for the disruption today — I know how much you rely on our services to stay connected with the people you care about,” he said.