If you ask your grandparents who invented the cellphone, they’ll probably tell you about a friend of their dad. It was created by Jan Koum and Brian Acton in 2009 and bought by Facebook in 2014 for $16 billion in cash. WhatsApp is the largest mobile messaging application in the world, with over 1 billion users. That’s more than I make in a year! This blog will talk about how Whatsapp became so successful and how its co-founder continues to profit from it every year.
But WhatsApp had a co-founder who still earns a hefty sum of money from his share of the company – around $2.2 million per year. What this means is that Facebook now holds the second-largest social network in the world. Facebook bought WhatsApp for $19 billion back in 2014. Whatsapp, a messaging app that allows people to chat with their friends and family across many different platforms, is owned by Facebook. The answer to this question is complicated and nuanced, which is why we’re taking a look at it in detail here today. But if you use who pays for it or provides apps to run it as your definition, then Facebook’s competitors such as Apple and Google would also be considered the owners. If you use who runs it or created it as your definition for “own,” then Facebook and their CEO Mark Zuckerberg would be considered the owners. Who owns WhatsApp? This may sound like a simple question, but in reality, many different answers depend on your definition of what “owns” means.
What is the answer to the following question: Who owns WhatsApp?
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