#842
Palmer Luckey
Overview
- Source of Wealth
- Virtual reality, defense technology
- Industry
- Technology
- Residence
- Newport Beach, California
- Education
- California State University, Long Beach (Drop Out)
- Marital Status
- Single
Assets
- Meta Platforms725,400 shares @ --META-US
Biography
Palmer Luckey founded virtual reality company Oculus VR in 2012 and sold it to Facebook in 2014 for $2 billion in cash and stock.
He built the company's first offering, the Oculus Rift virtual reality headset, when he was 16 years old. He left Facebook in 2016.
In 2017, he founded defense startup Anduril, which private investors valued at $30.5 billion in its latest funding round in June 2025.
Luckey grew up in Long Beach, California, where he was home-schooled by his mother and spent time working on cars with his father.
After upgrading old video game consoles to make them mobile, he started collecting bulky VR headsets and tinkering with them.