WhatsApp co-founder Brian Acton to leave company for his own foundation

Joanna Estrada
September 13, 2017

However today, Brian Acton announced that he has resigned from WhatsApp and is now working on his own non-Profit. In his Facebook post, Brian said, "After 8 years at WhatsApp, I have made a decision to move on and start a new chapter in my life".

Mr. Acton's exit comes as WhatsApp lays the groundwork to make. He added that the next venture by him would include starting of a non-profit organisation, which will serve in the domains of technology and communication. After spending eight years with the company Acton took this decision.

"I am very fortunate at my age to have the flexibility to take new risks and focus on what I'm passionate about", Acton, 45, wrote in a blog post. Last week, Facebook said it would soon start charging companies for some of WhatsApp's features as it seeks a path to monetization. According to a company's source, Acton played an important role in WhatsApp's encryption process and his role can't be filled by any one employ. Before posting this, he announced his departure to his colleagues in an all hands meeting at the FB headquarters. It's something I've thought about for a while, and now it's time to just focus and execute.

In a Facebook post, Acton announced his plans to move on from WhatsApp. Though, he did not share more concrete details about his new venture. According to Forbes, Acton's personal net worth is around $6.5 billion.

It would be interesting to see where Brian Acton goes from here.

Acton's departure comes at a time when WhatsApp is not now generating any revenue and plans to hire for a number of key positions.

Other reports by Click Lancashire

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