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 AmericaSource of wealth
mobile gamesResidence
Truckee, CaliforniaMarital status
MarriedBirth date
05/07/80 (age 44)Education
Bachelor of Arts/Science, University of California, BerkeleySelf-made
self-madeAdam 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
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