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How 24-year-old Palmer Luckey went from selling his VR startup to Facebook for $2 billion to building a virtual border wall for Trump

Aug 26, 2024, 04:45 IST
Robert Galbraith/ReutersPalmer Luckey.

Palmer Luckey isn't your average 24-year-old.

Luckey is the founder of Oculus VR, the virtual reality company that sold to Facebook for $2 billion in 2014. A year after the sale, Forbes estimated his net worth to be $700 million.

Luckey was quickly put on the path to greatness as the face of Facebook's fledgling VR business. He made frequent appearances at press events and conferences on behalf of Facebook and Oculus.

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But less than three years later, Luckey no longer works for the VR company he helped build in his parents' garage. Luckey left Facebook and Oculus in March, only a few months after it was revealed that he funded an anti-Hillary Clinton meme group.

Now Luckey is secretly building surveillance and defense technology to be used along country borders and military bases, according to a report by The New York Times. And he's already met with White House chief strategist Steve Bannon to discuss deploying the tech along the US border with Mexico.

Here's how Luckey went from tech darling to Facebook outcast:

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