By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Youth Village KenyaYouth Village KenyaYouth Village Kenya
  • Home
  • Education
  • Employment
  • Entertainment
    • Celebrity News
    • Celebrity Interviews
    • Sports
    • Fashion
    • Politics
    • Tech
  • Opportunities
  • Health
  • Contact Us
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Mark Zuckerberg Loses 19.7 Billion Shillings While Visiting Kenya
Share
Sign In
Notification Show More
Font ResizerAa
Youth Village KenyaYouth Village Kenya
Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Youth Village Kenya > Blog > Business > Mark Zuckerberg Loses 19.7 Billion Shillings While Visiting Kenya
Business

Mark Zuckerberg Loses 19.7 Billion Shillings While Visiting Kenya

Editor
Last updated: 2016/09/07 at 2:11 PM
Editor
Share
2 Min Read
SHARE

Facebook multibillionaire yesterday lost a whopping 19.7 billion shillings as he was touring Kenya!

This year Forbes ranked Mark Zuckerberg 6th richest human with a net worth of $44.6 billion (about 5 trillion shillings). Losing 19.7 shillings in a day isn’t that bad for him.

1413285_0

Mark Zuckerberg announced an ambitious project to beam internet from space on October 5th 2015.

“I’m excited to announce our first project to deliver internet from space. As part of our Internet.org efforts to connect the world, we’re partnering with Eutelsat to launch a satellite into orbit that will connect millions of people.

As part of our collaboration with Eutelsat, a new satellite called AMOS-6 is going to provide internet coverage to large parts of Sub-Saharan Africa. The AMOS-6 satellite is under construction now and will launch in 2016 into a geostationary orbit that will cover large parts of West, East and Southern Africa. We’re going to work with local partners across these regions to help communities begin accessing internet services provided through satellite.” Zuckerberg wrote in part.

Yesterday, a rocket exploded at its Cape Canaveral (Florida, USA) launch pad with a satellite that was due to be launched to space on Saturday.

The rocket was carrying a satellite to be used by Facebook (FB, Tech30) to bring internet access to Africa, the Middle East, and Europe.

The satellite was estimated to cost $195 million (19.7 billion shillings) when the plan to build it was first announced.

Zuckerberg expressed disappointment after learning his 19.7 billion satellite had gone up in flames.

“As I’m here in Africa, I’m deeply disappointed to hear that SpaceX’s launch failure destroyed our satellite that would have provided connectivity to so many entrepreneurs and everyone else across the continent,” Zuckerberg wrote.

Watch video of the rocket exploding below:

Credit: Space.com

You Might Also Like

James Ayugi and Webmasters Kenya Featured in Forbes Africa as Company Unveils Made-in-Kenya WasaaChat

Triply and Choice Bank Partnership Strengthens Travel Payments Across Emerging Markets

Brivian Fragon’s Rise From Unemployment to Owning Four Businesses in Bungoma

Businesswoman Sarah Mtalii Empowers Women with Job Opportunities in the Gulf

Mark Steve Named Among 100 Most Influential Global Leaders 2025

TAGGED: Facebook, Mark Zuckerberg, money

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Editor September 7, 2016 September 7, 2016
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Lady With Breasts Causes Traffic Jam
Next Article 7 Free Online Courses Campus Students Should Consider Pursuing
- Advertisement -

Latest News

Kenyan-Eligible Defender Bartley Okello Signs First Professional Contract with Nottingham Forest Until 2029
Sports October 9, 2026
Winnie Odinga Stuns in Ellen Design Outfit at Raila Odinga Mausoleum Handover in Bondo
Celebrity News October 9, 2026
Georgina Njenga Hospital Update: Eric Omondi Confirms Only Her Mother and Daughter Can Visit During 90-Day Programme
Breaking News October 9, 2026
Harambee Starlets Thrash Seychelles 11-0 at Ulinzi Stadium in 2028 CAF Women’s Olympic Qualifiers
Sports October 9, 2026
Exploring the Visual and Sonic Universe of ‘What Africa?’
Celebrity News Entertainment October 9, 2026
Toxic Lyrikali Drops New Love Song “Mbebe” and Shows His Romantic Side
Entertainment October 8, 2026
Hello Mr. Right Kenya Season 5 Returns With Trisha Khalid, Diverse Cast and Higher Stakes
Entertainment October 8, 2026
Kenyan Skater Kevin Kiarie to Miss 2026 World Skate Championships After Failing to Secure Support
Sports October 8, 2026
- Advertisement -
Follow US
© 2023 Youth Village Kenya By Nine80 Digital Media
Welcome Back!

Sign in to your account

Lost your password?