Adam Foroughi is an Iranian-American
billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...
businessman and the
chief executive officer (CEO) of
AppLovin, a mobile technology company.
Biography
Born in 1980, Foroughi's family emigrated to the United States to escape the destruction caused by Iraq-Iran War.
Adam grew up in
Los Angeles, California, where his father has a successful construction company. He studied at the
University of California, Berkeley, earning a B.A. in economics.
Upon graduating from Berkeley, Foroughi worked as a derivatives trader. Later, he founded two marketing companies before starting AppLovin.
In 2012, Foroughi co-founded AppLovin along with friends
John Krystynak
John is a common English name and surname:
* John (given name)
* John (surname)
John may also refer to:
New Testament
Works
* Gospel of John, a title often shortened to John
* First Epistle of John, often shortened to 1 John
* Seco ...
and
Andrew Karam
Andrew Karam (born 1981/1982) is an American businessman and billionaire who cofounded mobile game developer AppLovin.
Biography
Karam is a graduate of Tufts University where he received a B.A. in Economics and a B.S. in Engineering. After scho ...
.
On April 15, 2021, AppLovin became a public company after an
initial public offering (IPO), with a total valuation of approximately $24 billion. As a result of AppLovin's successful IPO, Foroughi's net worth rose to an estimated $2 billion.
Adam is married and has 5 children.
References
Living people
1980 births
American chief executives
American billionaires
Iranian emigrants to the United States
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