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WhatsApp. In 2014, Koum and Acton sold WhatsApp to Facebook for approximately US$19 billion in cash and stock. Forbes estimated that Acton held over 20% stake in the company, making his net worth around $3.8 billion. In 2016, Acton led a funding round for Trak N Tell and raised $3.5 million along with two other investors.
In psychology, illusory correlation is the phenomenon of perceiving a relationship between variables (typically people, events, or behaviors) even when no such relationship exists.