Who Owns Instagram

Instagram is a social media platform primarily known for its visual-centric approach to sharing photos and videos. It was founded in October 2010 by Kevin Systrom and Mike Krieger. Since then it has become one of the largest and most popular social media networks in the world, boasting over 1 billion monthly active users.

At the time of its creation in 2010, Instagram was owned by Systrom, Krieger and a small group of investors. In April 2012, the company was acquired by Facebook for a total of $1 billion. As a result, Facebook became the sole owner of Instagram and its parent company in April 2012.

Facebook is a publicly traded company, which means its shares are publicly traded and thus owned by individual shareholders. This means that while Facebook owns Instagram, everyday people around the world are also shareholders in Instagram since they own a portion of the company’s shares.

However, the ultimate authority over Instagram still lies with Facebook and its CEO, Mark Zuckerberg. He has the final say in how Instagram is managed and operated on a daily basis. This includes setting the platform’s policies, making decisions about the features on the app, and the overall direction of the platform. Additionally, Facebook has the power to make major changes to Instagram whenever it sees fit such as redesigning the platform, making modifications to the news feed algorithm, and using the app for its own marketing campaigns.

Overall, Facebook is the sole owner and primary decision-maker for Instagram. However, individual shareholders around the world also have a small stake in Instagram since they are partial owners of Facebook.