Wiki Biography of Palmer Luckey
Palmer Freeman Luckey is a businessman and entrepreneur who was born in Long Beach, California, on September 19, 1992. Most famous for founding Oculus VR and inventing the Oculus Rift, a virtual reality head-mounted display that allows users to experience various virtual realities.
Have you ever pondered how much money this young prodigy has amassed in his short life? Palmer Luckey’s net worth is unknown. Palmer’s net worth is reported to be $700 million as of early 2016, according to sources, including a $120,000 Tesla Model S vehicle. Yes, you read that correctly – $700,000,000! He was named #26 on Forbes’ list of America’s Richest Entrepreneurs Under 40 in 2015.
Palmer Luckey has a net worth of $700 Million dollars
Palmer grew up in his hometown with three younger sisters; his father worked as a car salesman, and Palmer was home-schooled by his mother while also taking sailing lessons. He was interested in electronics even back then. He attended Golden West College and Long Beach City College before enrolling at California State University, Long Beach, where he majored in journalism and worked as an online editor for the university’s student-run newspaper, the Daily 49er.
Palmer had dabbled with high-voltage electronic equipment such as Tesla coils and lasers as a teenager. He even built a PC with six monitors, reportedly costing tens of thousands of dollars, all by himself. His fascination with virtual reality has led to the creation of a one-of-a-kind collection of more than 50 different headsets. He was able to earn more than $36,000 by repairing and reselling damaged iPhones, which helped him build his amazing net worth and support his future ventures.
Palmer’s enthusiasm for virtual reality and skill with electronics were recognized during his time at university, and he was hired as a part-time engineer at the Institute for Creative Technologies’ Mixed Reality Lab (MxR), as well as a member of a design team at the University of Southern California’s cost-effective virtual reality section. Palmer Luckey, at 18 years old, built his first virtual reality prototype, CR1, in his parents’ garage in 2011.
Palmer created a number of prototypes over the next ten months, experimenting with various features and incorporating them into his VR headsets. The sixth generation, dubbed “Rift” and somewhat modified by John Carmack, an id Software game developer, was unveiled in front of thousands of people at the Electronics Entertainment Expo in 2012. Palmer dropped out of university to focus on the development of virtual reality headsets, which proved to be the appropriate move based on his subsequent increase in net worth.
Palmer Luckey, the founder of Oculus VR, launched a Kickstarter effort to fund the Oculus Rift. The campaign was a big success, with $2.4 million raised in less than a month. Palmer Luckey became a millionaire in 2014 when Mark Zuckerberg’s Facebook purchased Oculus VR for $2.3 billion in stock and cash, making him a multibillionaire. Palmer was awarded an American Ingenuity Award in the Youth Category by the Smithsonian magazine later that year.
Although he is quite active on numerous social networks, there are no rumors, controversies, or sensational affairs associated to Palmer Luckey’s personal life; any relationship is still private. His newfound money hasn’t changed him in the least; he’s still the same child who used to play with electronics in his parents’ garage. Palmer is portrayed in the media as a modest, youthful man, according to his acquaintance. He is frequently seen in public dressed casually in Hawaiian shirts and sandals.
|Full Name||Palmer Luckey|
|Net Worth||$700 Million|
|Date Of Birth||19th September, 1992|
|Place Of Birth||Long Beach, California, USA|
|Profession||Technology enthusiast, writer, a modder,Founder of Oculus VR, inventor of the Oculus Rift|
|Education||Golden West College, Long Beach City College, California State University in Long Beach|
|Parents||Donald Luckey, Julie Luckey|
|Awards||American Ingenuity Award in the Youth Category|