Facebook is owned by Meta Platforms, Inc., an American technology conglomerate previously known as Facebook, Inc.[8] Mark Zuckerberg, who founded Facebook in 2004, is the largest single shareholder and has controlling voting power over Meta due to his ownership of both Class A and Class B shares.[1][5] As of late 2024, Zuckerberg’s voting power in Meta stands at approximately 56.9%, meaning he maintains effective control over Facebook and its parent company, Meta.[1][3]
Institutional investors and other founders also hold significant portions of Meta. Large institutional stakeholders include Vanguard Group, BlackRock, Fidelity Investments, and others, each controlling several percent of the outstanding shares.[3][5] Early Facebook co-founders and investors, including Eduardo Saverin, also retain a share of ownership and voting power.[1][3]
To summarize, while Meta Platforms, Inc., a publicly traded company, technically owns Facebook, Mark Zuckerberg holds majority voting control, making him the key figure in Facebook’s ownership and governance.[1][3][4][8]
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