— Based on Facebook’s 2020 revenue of $85.97 billion, Monday’s outage cost the company an average of $163,565 in revenue every minute, roughly $60 million based on more than six hours of downtime.
— That lost revenue is chump change compared with how much market capitalization the company lost on Monday. Facebook shares fell 4.9% Monday, which translates into $47.3 billion in lost market cap.
— Founder and Chief Executive Mark Zuckerberg, who owns a 14% stake in the company, lost about $6 billion on Monday alone, dropping him from Forbes’ fifth richest person to its sixth...
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