Get All Access for $5/mo

Facebook CEO Mark Zuckerberg's Net Worth Dropped by $7 Billion in One Day Zuckerberg is now the fifth-richest person in the world.

By Dan Bova

Between whistleblower revelations and the widespread outages of Facebook, Instagram and WhatsApp, Mark Zuckerberg had a very bad Monday.

According to reporting by Bloomberg's Scott Carpenter, Zuckerberg's net worth took a massive $7 billion hit due to a stock selloff. He's down 5% to $120.9 billion, so maybe don't shed too many tears. Zuckerberg's net worth is down nearly $20 billion from a high of $140 billion just a few weeks ago, according to the Bloomberg Billionaires Index. The decline in Zuckerberg's net worth moved Bill Gates up to the fourth spot.

The Facebook, Instagram and WhatsApp outages come on the heels of a bombshell 60 Minutes episode in which Frances Haugen revealed herself as the whistleblower who released thousands of pages of private Facebook documents to the Wall Street Journal and federal government detailing how its platforms amplify hate, misinformation and public unrest.

Learn the latest on the outages and what users can expect here.
Dan Bova

Entrepreneur Staff

VP of Special Projects

Dan Bova is the VP of Special Projects at Entrepreneur.com. He previously worked at Jimmy Kimmel Live, Maxim, and Spy magazine. His latest books for kids include This Day in History, Car and Driver's Trivia Zone, Road & Track Crew's Big & Fast Cars, The Big Little Book of Awesome Stuff, and Wendell the Werewolf. 

Read his humor column This Should Be Fun if you want to feel better about yourself.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Most Popular

See all
Side Hustle

Retirees Are Raking in Billions With These 4 Side Hustles: 'There's No Age Limit to Innovation'

Most Americans plan to work part-time in retirement — and the opportunities are endless.

By Amanda Breen
Business News

Amazon Asks Employees to Use Its New, Internal Chatbot That's 'Safer Than ChatGPT'

Amazon has reportedly introduced an internal chatbot named Cedric.

By Sherin Shibu
By Sherin Shibu
Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

By Eve Gumpel
Thought Leaders

How to Build a Personal Brand Like Simon Sinek, Brené Brown and James Clear

Thought leaders like Simon Sinek and Brené Brown became known for one big idea, which helped them build authority and trust. By honing in on your unique strengths, accomplishments, and experiences and staying consistent, you can establish yourself as a go-to expert in your niche.

By Conner Krizancic
Thought Leaders

How to Build a Legacy For Your Company You Can Be Proud Of

We all want to be proud of the personal and professional legacy we leave behind. The "obituary test" is a powerful tool for determining whether or not you and the organization you've put so much time, effort and energy into are aligned with your personal values in a way that will endure.

By Marc Kielburger