Mark Zuckerberg\u2019s personal wealth has fallen by nearly $7 billion in a few hours, knocking him down a notch on the list of the world\u2019s richest people, after a whistleblower came forward and outages took Facebook Inc.\u2019s flagship products offline.<\/p>\n\n\n\n
A selloff sent the social-media giant\u2019s stock plummeting around 5% on Monday, adding to a drop of about 15% since mid-September.<\/p>\n\n\n\n
The stock slide on Monday sent Zuckerberg\u2019s worth down to $120.9 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index. He\u2019s lost about $19 billion of wealth since Sept. 13, when he was worth nearly $140 billion, according to the index. <\/p>\n","protected":false},"excerpt":{"rendered":"
Mark Zuckerberg\u2019s personal wealth has fallen by nearly $7 billion in a few hours, knocking him down a notch on<\/p>\n","protected":false},"author":1,"featured_media":4186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[24,136],"tags":[],"class_list":["post-4185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-foreign-international-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/10\/IMG-20211005-WA0361.jpg","jetpack-related-posts":[{"id":7531,"url":"https:\/\/prowebinhost.com\/anzu\/15-richest-women-in-the-world-ranked-by-net-worth\/","url_meta":{"origin":4185,"position":0},"title":"15 Richest Women in the World, Ranked by Net Worth","author":"UgandaUpdate","date":"December 5, 2022","format":false,"excerpt":"Ever wondered who the wealthiest woman in the world is? We often read about Bill Gates, Elon Musk, and others in the\u00a0billionaire\u00a0boys club. But what about the other half of humanity that keeps the world going? Let's find out about the richest women in the world. Women have come a\u2026","rel":"","context":"In "Wealth"","block_context":{"text":"Wealth","link":"https:\/\/prowebinhost.com\/anzu\/category\/wealth\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/12\/AA14FXOk.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/12\/AA14FXOk.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/12\/AA14FXOk.jpg 1.5x"},"classes":[]},{"id":5897,"url":"https:\/\/prowebinhost.com\/anzu\/africas-wealthiest-man-billionaire-aliko-dangote-loses-700-million-in-10-days\/","url_meta":{"origin":4185,"position":1},"title":"Africa\u2019s wealthiest man, billionaire Aliko Dangote loses $700 million in 10 days","author":"UgandaUpdate","date":"June 11, 2022","format":false,"excerpt":"Africa\u2019s richest billionaire Aliko Dangote has seen his net worth plummet in the past 10 days due to a massive sell-off of shares in his cement company Dangote Cement Plc, which resulted in a significant drop in the company\u2019s share price on the Nigerian Exchange. According to data obtained -\u2026","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/prowebinhost.com\/anzu\/category\/business\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11617,"url":"https:\/\/prowebinhost.com\/anzu\/lawyers-seek-nearly-6-billion-in-tesla-stock-after-getting-musk-pay-package-struck-down\/","url_meta":{"origin":4185,"position":2},"title":"Lawyers seek nearly $6 billion in Tesla stock after getting Musk pay package struck down","author":"UgandaUpdate","date":"March 5, 2024","format":false,"excerpt":"The fee would be a record-shattering amount. The attorneys successfully argued against the CEO's $56 billion pay package from 2018. Lawyers\u00a0asked a Delaware judge to award them\u00a0Tesla\u00a0stock worth nearly $6 billion as of Friday as their fee for successfully arguing that CEO Elon Musk\u2019s 2018\u00a0pay package was unlawful. The fee\u2026","rel":"","context":"In "Legal"","block_context":{"text":"Legal","link":"https:\/\/prowebinhost.com\/anzu\/category\/legal\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/03\/240119-elon-musk-al-1304-d49c0a.webp","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/03\/240119-elon-musk-al-1304-d49c0a.webp 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/03\/240119-elon-musk-al-1304-d49c0a.webp 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/03\/240119-elon-musk-al-1304-d49c0a.webp 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/03\/240119-elon-musk-al-1304-d49c0a.webp 3x"},"classes":[]},{"id":7652,"url":"https:\/\/prowebinhost.com\/anzu\/who-is-bernard-arnault-the-wolf-in-cashmere-who-now-passes-elon-musk-as-worlds-richest-person\/","url_meta":{"origin":4185,"position":3},"title":"Who is Bernard Arnault? The ‘wolf in cashmere’ who now passes Elon Musk as world\u2019s richest person","author":"UgandaUpdate","date":"December 15, 2022","format":false,"excerpt":"Luxury goods mogul Bernard Arnault is now the richest man in the world, bumping Tesla (TSLA) CEO Elon Musk down to the second spot, according to the\u00a0Bloomberg Billionaires Index. Arnault, who is chairman and chief executive of Louis Vuitton SE or LVMH (LVMUY), has seen more than a $7 billion\u2026","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/prowebinhost.com\/anzu\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/12\/8a150990-1f2c-11ed-bbef-0459d309f1ea.webp","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/12\/8a150990-1f2c-11ed-bbef-0459d309f1ea.webp 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/12\/8a150990-1f2c-11ed-bbef-0459d309f1ea.webp 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/12\/8a150990-1f2c-11ed-bbef-0459d309f1ea.webp 2x"},"classes":[]},{"id":10952,"url":"https:\/\/prowebinhost.com\/anzu\/forbes-billionaires-2023-the-richest-people-in-the-world-and-africa-s-most-indebted-countries\/","url_meta":{"origin":4185,"position":4},"title":"Forbes Billionaires 2023: The Richest People In The World And Africa ‘s Most Indebted Countries","author":"UgandaUpdate","date":"December 17, 2023","format":false,"excerpt":"Nearly half of all billionaires are poorer than they were a year ago. Falling stocks, wounded unicorns and rising interest rates translated into a down year for the world\u2019s wealthiest people according to Forbes magazine. Globally, Forbes counted 2,640 ten-figure fortunes, down from 2,668 last year. Altogether, the planet\u2019s billionaires\u2026","rel":"","context":"In "National News"","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/fob.webp","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/fob.webp 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/fob.webp 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/fob.webp 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/fob.webp 3x"},"classes":[]},{"id":4773,"url":"https:\/\/prowebinhost.com\/anzu\/ugandan-tycoon-charles-mbire-delighted-with-mtn-listing-on-the-uganda-securities-exchange-as-his-net-worth-is-set-to-go-up\/","url_meta":{"origin":4185,"position":5},"title":"UGANDAN TYCOON CHARLES MBIRE DELIGHTED WITH MTN LISTING ON THE UGANDA SECURITIES EXCHANGE AS HIS NET WORTH IS SET TO GO UP","author":"UgandaUpdate","date":"December 10, 2021","format":false,"excerpt":"Uganda tycoon Charles Magezi Mbire is a happy man following the successful listing of MTN Uganda Ltd on the Uganda stock exchange . Mbire is one of the biggest shareholders in the telecom giant now boasting of a subscribers base of 11 million Ugandans connected on the network . \u201cWe\u2026","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/business-national-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/pc0aOV-15v","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/4185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/comments?post=4185"}],"version-history":[{"count":1,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/4185\/revisions"}],"predecessor-version":[{"id":4187,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/4185\/revisions\/4187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media\/4186"}],"wp:attachment":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media?parent=4185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/categories?post=4185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/tags?post=4185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}