![]() ![]() Facebook themselves had just become profitable a few years before that, and they didn’t even go public yet. However, soon after that, in 2012, when Facebook bought Instagram for a whopping 1 billion dollars, many industry leaders and entrepreneurs were skeptical about the decision. ![]() Instagram was initially founded by Kevin Systrom and was first launched in October of 2010. Unlike some other platforms that rely equally on images and texts or, to be more specific, Unlike Twitter which relies on text more than all other factors, Instagram relies primarily on pictures. Instagram is an app or a social media platform that allows its users to socialize with one another and post pictures or videos of their choice on their accounts. He was once just the CEO of Facebook and has taken over Instagram as well in 2012 for one billion US dollars. And yes, Mark Zuckerberg owns all three of them. So, let’s know Who owns Instagram?Ĭurrently, Instagram is under Facebook, and so is WhatsApp. If you want to find out more about the history of Instagram, who owns it at the moment? Who were the owners? What is it? Then you found the right article, so make sure you read till the end to find out. It’s been around for a while now, and to say that it has revolutionized the internet and the social media bubble would be an understatement. And if you ask me what is leading the social media kingdom, I would say it’s Instagram without hesitation. If the world’s population is seven billion, we all know very well that more than half of the population knows what social media is, and the other half has sure heard about it. ![]()
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