Mark Zuckerberg's net worth tanked after Facebook and Instagram shortage 7 months ago

Mark Zuckerberg's net worth tanked after Facebook and Instagram shortage

Zuckerberg's seven hours from hell

Mark Zuckerberg's coin purse got a little bit lighter last night amid the crash of Facebook, Instagram, and Whatsapp that lasted for over six hours.


All three sites were completely down on Monday night due to so-called 'networking issues'. Despite having returned to the internet, the damage to Zuckerberg's own funds has already become apparent, reports Bloomberg.

The social media giants stock plummeted by 4.9 per cent, which may not sound like a lot, but it actually equates to roughly $7billion. This brings the 37-year-olds net worth to only $121.6 billion- he might have to start couponing.

During the chaos invoked by all their platforms crashing, Facebook stockholders began selling it off in case of a total company collapse.


These seven hours were enough to shunt Zuckerberg down the wealthiest person list, where he now sits below Bill Gates at number five.

"Instagram shows a '5xx server error', which indicates that this is an issue with Facebook's servers," says Techcruch.


"It appears that the outage is caused by a DNS (domain name server) fail - this is the naming structure that forms the web's infrastructure. So, if you try to navigate to right now, the internet won't know where to find"

Regardless of the cause, social media seems to be up and running again. Though Twitter had a good night with countless active users, the blackout did highlight just how dependent we are on social media.

"How did the partial digital detox go last evening?" asked one Twitter user.

It's always strange to watch brands and businesses interact on social media, which was certainly stranger than usual last night.


Even the official Twitter account got involved, tweeting: "Hello literally everyone."

The official Instagram Twitter account then replied, "Hi and Happy Monday."

"*unmutes mic* Hey everyone," said Microsoft teams.


Related links: