The social media giant went down across the world, causing issues for millions of users.

Along with Facebook, Instagram and WhatsApp were also part of the social media blackout as they also went down at the same time.

From this, Facebook has seen a fall in its share price by 5.76 percent.

It is reported that Mark Zuckerbeg has lost an estimation of $7billion in a mere few hours.

The company's share price has already dropped since September, with the stock now dropping by a further 5 percent.

Since September, the company is estimated to have lost around 15 percent in share price.

Bitcoin's official magazine took to Twitter to share the news that they had surpassed Facebook in market cap during their plummet in share price.

@BitcoinMagazine tweeted: "#Bitcoin just surpassed Facebook in market cap.

"They are down today, literally.

"In the past year, #Bitcoin is up over 360%, compared to Facebook which is only up 22%."

Many Twitter users were quick to tweet about how much Mark Zuckerberg's personal wealth had plummeted.

Nkanyezi, a musician, had been tweeting regularly about the social media giants being down.

When the social media sites originally went down, Nkanyezi tweeted: "Wtf? is whatsapp, facebook and instagram down?"

In relation to Mr Zuckerberg's personal wealth, Nkanyezi tweeted: "Since whatsapp, facebook & Instagram are down. Mark Zuckerberg lost $50 billion in value today."

Following Mr Zuckerberg's personal wealth being reduced by an estimated $7billion, this has had an impact on the list of the richest billionaires in the world.

According to Forbes, Mr Zuckerberg has now fallen to 6 in the Forbes list of billionaires.

Top of the list remains founder of e-commerce giants Amazon, Jeff Bezos.

Facebook released a recent update about the site being down.

The update reads: "Sincere apologies to everyone impacted by outages of Facebook powered services right now.