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Who owns Meta?

By Zippia Team - Aug. 22, 2022

Mark Zuckerberg owns Meta, which was known as Facebook, Inc. until late 2021.

The company has existed for 18 years and is considered one of the big five American technology companies, along with Apple, Microsoft, Alphabet, and Amazon. Among Meta's holdings, the two largest are Instagram, purchased in 2012 for $1 billion, and WhatsApp, purchased in 2014 for $19 billion.

The name change from Facebook Inc. to Meta was an effort, according to Zuckerberg, to create an integrated environment linking all of the company's products.

The company earns over 97% of its revenue from selling advertisement spaces to marketers. With over three million active advertisers, the company's last year's earnings were over $86 billion. Meta has subsidiary offices in London, Ireland, and India and boasts nearly three billion Facebook subscribers around the world.

Who owns Meta?

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