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7 hours offline and Facebook founder lost $ 7 billion

7 hours offline and Facebook founder lost $ 7 billion

Mark Zuckerberg's personal fortune has plummeted by more than $ 6 billion in just a few hours, knocking him off the list of the richest people in the world as the social networks he manages and owns, Facebook, Messenger , Instagram and Whatsapp were down for 7 hours. The problem started around 5pm yesterday afternoon and lasted until after midnight.

The shares of the social media giant fell by 4.9%.

The fall in shares lowered the value of Zuckerberg's fortune to $ 121.6 billion, placing him under Bill Gates, specifically the fifth in line with Bloomberg Billionaires. It has dropped from nearly $ 140 billion in just a few weeks, according to the index.

On September 13, the Wall Street Journal began publishing a series of details based on several documents, revealing that Facebook was aware of a wide range of problems with what it offers, such as the teenage girls' mental health impairment from Instagram. Misinformation about the January 6 Capitol riots. The reports have caught the attention of government officials.

In response, Facebook stressed that the issues facing its products (ie social media), including political polarization, are complex and not just caused by technology.

"I think it gives comfort to people to assume that there has to be a technological or technical explanation for the issues of political polarization in the United States," Nick Clegg, Facebook's vice president for global affairs, told CNN.