#188 Billionaire
Adam Foroughi
$14.4B
+$924M
(+6.8%)
US
· Age 46
Source of wealth: mobile games
Industry: media-entertainment
Residence: Truckee, US
{
"bio": [
"Adam Foroughi is the cofounder and CEO of AI-powered advertising technology company AppLovin.",
"Based in Palo Alto, California, AppLovin was founded in 2011 and went public in 2021. Foroughi owns around 11% of its shares.",
"Foroughi bootstrapped AppLovin for years without outside funding. KKR became its biggest backer with a $400 million investment in 2018.",
"Foroughi was born in Iran a year after the 1979 Iranian Revolution and immigrated to California as a child.",
"He became a derivatives trader after graduating from the University of California, Berkeley, and started two marketing companies before AppLovin."
],
"about": []
}
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