WhatsApp Co-Founder Who Made Billions From Sale of Messaging Service to Facebook Now Says to Delete Facebook

Bloomberg News
Brian Acton, co-founder of WhatsApp, speaks at a conference in 2016.

WhatsApp co-founder Brian Acton left Facebook Inc. last year. Now he’s saying others should do the same.

In a tweet Tuesday, Acton said: “It is time. #deletefacebook,” referencing the online movement that is gaining steam in the wake of revelations that the personal data of 50 million Facebook FB, -0.69% users was used without their permission by political data company Cambridge Analytica during the 2016 presidential campaign.

He did not immediately expand on his comment. While his Facebook profile was still active for hours after his tweet, it appeared deactivated later Tuesday night.

Acton and fellow co-founder Jan Koum sold the messaging service WhatsApp to Facebook in 2014 for $22 billion. Acton received about $3 billion in the deal, and has a net worth of about $5.5 billion, according to Forbes.

After staying on for three years, Acton quit Facebook in September, and is now a major backer of rival messaging service Signal, which boasts encryption to make its messages resistant to government surveillance. In February, he joined the newly launched nonprofit Signal Foundation as executive chairman, and invested $50 million into the app.

SOURCE: Market Watch – Mike Murphy