who-owns-meta

Who Owns Meta?

Facebook, rebranded as Meta in 2021, is primarily owned by Mark Zuckerberg, founder, and CEO. Zuckerberg keeps tight control over the ownership and decision-making of the company. Other large individual shareholders comprise former COO Sheryl Sandberg and co-founder Eduardo Saverin. Large institutional investors include BlackRock, Vanguard, and Fidelity.

Key Highlights

Major Shareholders:

  • Mark Zuckerberg, the founder and CEO of Facebook, holds significant control over the company’s ownership and decision-making.
  • Other large individual shareholders include Sheryl Sandberg, former COO of Facebook, and Eduardo Saverin, co-founder of the company.

Institutional Investors:

  • BlackRock, one of the world’s largest investment management companies, is a major institutional investor in Meta (formerly Facebook).
  • Vanguard, another prominent investment management company, also holds a substantial stake in the company.
  • Fidelity, a well-known financial services firm, is among the significant institutional investors in Meta.

Facebook’s Rebranding as Meta:

  • In 2021, Facebook underwent a major rebranding, changing its corporate name to Meta.
  • The rebranding was part of the company’s effort to expand beyond its core social media platform and venture into the metaverse and virtual reality technologies.

Mark Zuckerberg’s Control and Ownership:

  • Mark Zuckerberg, as the founder and CEO, has retained tight control over Facebook/Meta’s ownership and decision-making.
  • His significant ownership stake allows him to influence the company’s direction and strategic decisions.

Sheryl Sandberg’s Role:

  • Sheryl Sandberg, former Chief Operating Officer (COO) of Facebook, is a notable individual shareholder.
  • Sandberg played a crucial role in the company’s growth and operations during her tenure as COO.

Eduardo Saverin’s Stake:

  • Eduardo Saverin, one of the co-founders of Facebook, also holds a substantial ownership stake in the company.
  • Saverin’s involvement in the early stages of Facebook’s development contributed to the company’s success.

Facebook’s Shareholders and Governance:

  • The ownership structure of Facebook/Meta reflects the influence and control of its key executives and co-founders.
  • Mark Zuckerberg’s significant ownership enables him to maintain a considerable say in the company’s decisions.

Institutional Investors’ Influence:

  • Large institutional investors like BlackRock, Vanguard, and Fidelity have notable stakes in Meta, which can influence the company’s governance and direction.

Focus on the Metaverse:

  • Meta’s rebranding indicates its strategic shift towards focusing on the metaverse and virtual reality technologies.
  • The company aims to explore and develop opportunities beyond its traditional social media platform.

Shift to Generative AI

  • With losses mounting for the Reality Lab segment, Meta had to refocus on what could produce a short-term impact on the company. That is why the company shifted its focus to Generative AI.
  • Indeed, Meta shifted its whole core strategy to Generative AI through the launch of various open-source LLMs to try to garner market shares quickly.

Related Visual Stories

Facebook Stats

facebook-statistics

Facebook Revenues

facebook-revenues

Facebook ARPU

facebook-arpu-breakdown
ARPU, or average revenue per user, is a key metric for attention merchants like Facebook. It assesses the ability of the platform to monetize its users. For instance, by the end of 2022, Meta’s ARPU worldwide was $10.86. While in US & Canada, it was $58.77; in Europe, it was $17.29; in Asia, $4.61 and in the rest of the world, it was $3.52.

Facebook Profitability

facebook-profitability

Facebook Revenue Breakdown

facebook-revenue-breakdown

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