Adam Foroughi

$10.01B
$450.2M (4.7%)
as of 11/22/24

About Adam Foroughi

Adam Foroughi is the cofounder and CEO of AppLovin, which makes mobile games and provides marketing services to app developers.

Based in Palo Alto, California, AppLovin was founded in 2011 and went public in 2021. Foroughi owns around 9% 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.

Personal stats

Citizenship

United States of America

Source of wealth

mobile games

Residence

Truckee, California

Marital status

Married

Birth date

05/07/80 (age 44)

Education

Bachelor of Arts/Science, University of California, Berkeley

Self-made

self-made

Adam Foroughi’s fortune is worth

167K

troy ounces of gold

154K

median U.S. household

100K

median U.S. income

0.2%

U.S. credit card volume

0.04%

GDP of the United States

0.029%

United States debt

Net worth history

Annual ranking

Net worth over time

Real-time ranking

Financial assets

NASDAQ | APP-US

AppLovin Corp

Images © Forbes.com. All rights reserved.