In 2014, Facebook purchased Oculus VR for $2 billion, drawing huge amounts of attention to both VR and PalmerLuckey personally. In the last year, the company had to battle legal cases that involving both Luckey and John Carmack. While the main accusations, centered around John Carmack had stolen trade secrets were rebuffed, the court demanded that Facebook pay $500 million as Luckey had failed to comply with a non-disclosure agreement he signed with Zenimax. When we reached out to Oculus for comment, we were given the following statement:
"Palmer will be dearly missed. Palmer's legacy extends far beyond Oculus. His inventive spirit helped kickstart the modern VR revolution and build an industry. We're thankful for everything he did for Oculus and VR, and we wish him all the best."