Arash Adam Foroughi is the director & 10 percent owner & CEO & Chairperson of AppLovin Corp. Got a confidential news tip? The current estimated net worth of Applovin Corp's CEO & Chairperson, Adam Arash Foroughi, is estimated to be about $26.26M . "We don't want people trying to get stepping-stone jobs to some other end goal, whether they know it or not. In summary, during the past 3 months, insiders sold 155,322 shares of AppLovin Corp (APP) in total and bought 0 shares, with a net (Orient retained a small equity position in the company.). AppLovin helps mobile game developers reach their audiences and monetize their games. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. "When we founded AppLovin in 2011, we thought our vision for solving the mobile app discovery problem was exactly the kind of big idea that every venture capitalist would love," Foroughi wrote. It's actually a myth about how to make money on Facebook Adam Foroughi is an Iranian-American billionaire businessman and the chief executive officer (CEO) of AppLovin, a mobile technology company. GuruFocus also compares Arash Adam Foroughi's trading performance to market benchmark return within the same time period. How many employees does AppLovin have? . Not the Adam Foroughi you were looking for? It could also well be the case, that with all the hue and cry over the potentially monopolistic practices by the Silicon Valley behemoths, it might be in the best interests of the tech giants for a company like AppLovin to be out there thriving. sale Another of Daras cousins, Shirazi was an early Facebook employee and worked at eBay before starting the enterprise data analytics platform Radius in 2008. It's IPO Day For AppLovin, And CEO Adam Foroughi - AdExchanger The CEO of AppLovin is Adam Foroughi. It was a solid bet as his stake in AppLovin is now. 1,707 (2022) Subsidiaries: MoPub: Website: applovin.com: Footnotes / references: . 9 at Google and has served a variety of roles in his career there. Enjoy a 7-Day Free Trial Thru Apr 19, 2023! From the Iraniain Revolution, to Cal Berkeley, to the trade war with China, to Silicon Valley unicorn, Adam Foroughis life arc has had a most unusual trajectory. Early on, Foroughi felt it was important to raise venture capital from top investors, because that would be a signal to early employees that they should join the company. [4] As a result of AppLovin's successful IPO, Foroughi's net worth rose to an estimated $2 billion.[5]. Adam Foroughi - Forbes Key purchases include Machine Zone, maker of Game of War: Fire Age and World War Rising. Arash Adam Foroughi currently owns a total of 1 For Foroughi, going public wasn't originally part of the script. Enjoy a 7-Day Free Trial Thru May 08, 2023! Adam Foroughi is an Iranian-American billionaire businessman and the chief executive officer (CEO) of AppLovin, a mobile technology company. AppLovin revenue is $1.4B, valuation more than $26.8B - LATKA In September 2016, he agreed to sell a majority stake to Chinese investment firm Orient Hontai Capital in a deal that valued the whole company at $1.4 billion. Its largest deal in 2020 was a $329 million acquisition of game developer Machine Zone last May. Adam Foroughi Net Worth, Age, Height, Weight, Wife, Wiki, Family 2022 He is currently CEO of Neo, a communal venture fund. AppLovin Corporation (APP) CEO Adam Foroughi on Q1 2022 - SeekingAlpha 3 transactions in AppLovin Corp (APP) over the past 5 years, including 1 buys and 2 sells. AppLovin CEO Adam Foroughi shares his productivity best practices and secrets for hiring and retaining the best tech talent. He has no patience for office politics, and says, "I don't care if the lowest or highest person on a team has an idea; just execute. Adam Foroughi Age: 37 Education: B.A., business administration, University of California,. Vasily Shikin, Chief Technology Officer, Insider trading is most common in April, with the busiest year in 2021.
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