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International Business Times UK
International Business Times UK
Vinay Patel

Who Is Palmer Luckey? Businessman Sells His Virtual Reality Company For $2B, Then Left Two Years Later

After leaving Meta (ex-Facebook), Palmer Luckey built a deadly VR concept inspired by anime, sparking debate on the future of VR experiences.

Palmer Luckey is a renowned American entrepreneur and inventor celebrated for his pioneering work in virtual reality (VR). Born on September 19, 1992, in Long Beach, California, Luckey developed a passion for technology and electronics early on. He began coursework at Golden West College, Long Beach City College, and California State University, Long Beach, around 15, but left his studies to focus on his burgeoning interest in VR.

In 2012, at the tender age of 19, Luckey founded Oculus VR and revolutionized the VR industry with the creation of the Oculus Rift headset, later known as Meta Quest. His groundbreaking work caught the attention of the tech world, culminating in the acquisition of Oculus by Facebook (now Meta) for a staggering $2 billion in cash and stock in 2014. Such was the impact of his work that he boldly claimed in a 2015 interview with The Telegraph that he 'brought virtual reality back from the dead.'

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