Who Owns Facebook | Who is Facebook Owner.Facebook is one of the most popular social networking platforms in the world. It allows users to connect with friends and family, share content, and communicate with people from all over the globe. The platform has become an integral part of our daily lives, but many people are still unaware of the person or organization behind it. In this blog, we'll discuss who owns Facebook and how the platform came into existence.
Facebook was founded by Mark Zuckerberg in 2004 when he was a sophomore at Harvard University. Initially, the website was only available to Harvard students, but it soon expanded to other colleges and universities in the United States. In 2006, Facebook became available to anyone over the age of 13 with a valid email address.
Today, Facebook is a publicly-traded company, and its ownership is distributed among various shareholders. Mark Zuckerberg is the co-founder and CEO of Facebook and holds the largest individual stake in the company. As of 2021, Zuckerberg owns approximately 13% of Facebook's shares, making him one of the richest people in the world.
Apart from Zuckerberg, other significant shareholders in Facebook include institutional investors such as The Vanguard Group, BlackRock, and Fidelity Investments. These institutions hold a significant percentage of Facebook's shares, and their ownership can influence the company's decisions and direction.
Facebook has made several acquisitions over the years to expand its reach and services. Some of its most notable acquisitions include Instagram, WhatsApp, and Oculus VR. These acquisitions have allowed Facebook to diversify its offerings and become a dominant player in the tech industry.
In conclusion, Facebook was founded by Mark Zuckerberg in 2004, and today, it is a publicly-traded company with ownership distributed among various shareholders. Zuckerberg is the co-founder and CEO of Facebook and holds the largest individual stake in the company. Despite its controversies and challenges, Facebook continues to be a major player in the social media landscape, shaping the way we communicate and interact with each other.
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