Mark Zuckerberg: Facebook boss falls in the billionaire ranking

Mark Zuckerberg: Facebook boss falls in the billionaire ranking

After the failure of Facebook, Instagram and WhatsApp, company boss Mark Zuckerberg falls to fifth on the list of the richest people.

The failure of Facebook and the company’s Instagram and WhatsApp services left millions of people on social media dry land on Monday. For Facebook CEO Mark Zuckerberg (37), the disruption that has now been resolved also has direct financial consequences. his private fortune is said to have fallen by six billion US dollars (the equivalent of about 5.1 billion euros) within a few hours.

The share of Facebook also crashed by around five percent as a result of the mishap. Compared to the value in mid-September 2021, the company’s stock market value fell by 15 percent. Even before the technical crash, Facebook made negative headlines.

A whistleblower, who has now revealed herself as ex-employee Frances Haugen (37), had made internal documents public. It proved that the company suppressed its own research, for example on the harmful effects of Instagram on the self-image of young girls.

Zuckerberg is only the fifth richest person in the world

In Bloomberg’s daily updated ranking of the net worth of the richest people, Mark Zuckerberg fell from fourth to fifth with 122 billion US dollars. He swapped ranks with Microsoft founder Bill Gates (65), who comes to 124 billion (about 107 billion euros).

In first place in the Bloomberg index is Tesla boss Elon Musk (50) with a net worth of 211 billion (about 182 billion euros). Amazon boss Jeff Bezos (57) came in second with 186 billion (around 160 billion euros), ahead of French entrepreneur Bernard Arnault (72) with 153 billion (around 132 billion euros).

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