Individual Major Shareholders:
Institutional Major Shareholders:
Vanguard Group Inc. deals in various retirement investment services, with 6.6% of the outstanding share of the company.
BlackRock Inc. which sells the iShare ETF range of products owns 5.4% of the outstanding shares.
For more details on the same, head over to https://www.investopedia.com/articles/insights/052816/top-4-amazon-shareholders-amzn.asp.
What is Instagram?
Instagram is an American social media platform where one can share their pictures, create videos, and chat with people from all over the world. It was launched in 2010 by Kevin Systrom and Mike Krieger, and it saw immense growth in just a little over a year- attracting approximately one billion users worldwide.
Who Owns Instagram?
In 2012, Instagram was bought by giant social media app Facebook Inc. as its founder and CEO Mark Zuckerburg believed that Instagram would sooner or later pose a real threat to Facebook’s growth.
Ownership Details:
Facebook was renamed Meta in October 2021 and is the leading social media network company in the world. It completely owns Instagram, with its acquisition rate being approximately USD 1 billion in cash and stocks. Statistics hint that Instagram now generates more revenue than its parent company. Facebook or rather Meta has recently acquired other companies like WhatsApp and Oculus as well.
Metaverse:
Meta’s faculty is introducing a new and exciting concept, which revolutionizes how one views virtual spaces and extends the boundaries of digital boundaries. Metaverse is blending physical and virtual living to a point where it brings the future to now. Its components include virtual reality and augmented reality, along with usage of the highly developed 3D technology. It is also gradually turning into a commercial hub, where people monetize both their logical and artistic assets.
What is Jeff Bezos’s Net worth?
Jeff Bezos is worth around USD 178 billion.
What is Mark Zuckerburg’s net worth?
Zuckerberg is valued at around USD 74 billion.
What is Virtual Reality or VR?
Virtual reality provides simulated experience using advanced technology.
What is NFT?
NFTs are non-fungible tokens or a digital token that is now used for commercial purposes.
