Adam Foroughi
Adam Foroughi | |
|---|---|
| Nationality | American |
| Occupation | Businessman |
| Title | CEO, AppLovin |
| Term | December 2011- |
Adam Foroughi is an American billionaire businessman, and the chief executive officer (CEO) of AppLovin, a mobile technology company.
AppLovin was founded in 2012 by Adam Foroughi, John Krystynak, and Andrew Karam.[1][2]
On April 15, 2021, AppLovin became a public company, trading under the ticker APP. AppLovin began trading at $70 USD per share, with a total valuation of approximately $24 billion USD.[3] As a result of AppLovin's successful IPO, Foroughi's net worth has risen to around $2 billion.[4]
References[]
- ^ "AppLovin". Forbes. Retrieved October 16, 2016.
- ^ Ha, Anthony. "Mobile Ad Startup AppLovin Says It Has Reached A $100M Revenue Run Rate". TechCrunch. Retrieved September 26, 2016.
- ^ "Mobile gaming company AppLovin starts trading at $70, giving it a market cap of about $24 billion". CNBC. April 15, 2021. Retrieved April 15, 2021.
- ^ Tucker, Hank. "AppLovin IPO Makes Cofounder Adam Foroughi A Billionaire With $2 Billion Stake". Forbes. Retrieved July 4, 2021.
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