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Mark Zuckerberg loses $9.6b in hours as Facebook plunges

Scott Carpenter

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London | Mark Zuckerberg‘s personal wealth has fallen by nearly $US7 billion ($9.6 billion) in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook’s flagship products offline.

A selloff sent the social-media giant’s stock plummeting about 5 per cent on Monday US time, adding to a drop of about 15 per cent since mid-September.

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    Original URL: https://www.afr.com/world/north-america/mark-zuckerberg-loses-9-6b-in-hours-as-facebook-plunges-20211005-p58x8k