Palmer Luckey's Success and Achievements in Timeline

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Palmer Luckey

A success timeline featuring the most significant achievements of Palmer Luckey.

Palmer Luckey is an American entrepreneur who founded Oculus VR and designed the Oculus Rift, a pioneering virtual reality headset. He is credited with revitalizing the VR industry. After leaving Oculus in 2017, Luckey founded Anduril Industries, a defense technology company specializing in autonomous drones and sensors for military applications. He was recognized on Forbes' list of America's Richest Entrepreneurs Under 40 in 2016.

1989: Game Boy Launch

In 1989, Nintendo developed the Game Boy which is a handheld retrogaming device, that ModRetro Chromatic is designed to play original games.

2012: Showcasing Doom 3: BFG Edition on the Oculus Rift

In 2012, John Carmack demonstrated id Software's Doom 3: BFG Edition on Palmer Luckey's Oculus Rift prototype at the Electronic Entertainment Expo, generating significant attention and leading Luckey to drop out of university to focus on the Rift full-time.

2015: Forbes Estimates Luckey's Net Worth

In 2015, Forbes magazine estimated Palmer Luckey's net worth to be $700 million.

2016: Ranked on Forbes' List

In 2016, Palmer Luckey ranked number 22 on Forbes' List of America's Richest Entrepreneurs Under 40.

June 2018: Damages Dismissed and Reduced

In June 2018, the judge overseeing the ZeniMax case dismissed all damages owed by Palmer Luckey. The amount owed by other parties was reduced to $250 million.

December 2022: Anduril Raises $1.5 Billion

In December 2022, Anduril raised around $1.5 billion led by Valor Equity Partners, valuing the company at $8.5 billion.