Herald Chen

$1.08B
as of 06/13/26

About Herald Chen

Herald Chen is a former president and chief financial officer of AI-powered advertising technology company AppLovin.

Chen became a billionaire thanks to stock options he was awarded when he joined the Palo Alto, California-based company in 2019.

As AppLovin's CFO, Chen helped the company prepare for its 2021 initial public offering on the Nasdaq.

In 2024, Chen transitioned into a new role as advisor to AppLovin's billionaire cofounder and CEO Adam Foroughi, while remaining on the company's board.

Chen previously led KKR's technology, media and telecom division for 12 years, overseeing the private equity firm's investments in AppLovin, WebMD, Eastman Kodak and more.

Personal stats

Citizenship

United States of America

Source of wealth

Marketing software, mobile games

Residence

Hillsborough, California

Marital status

Married

Birth date

02/12/70 (age 56)

Number of children

3

Education

Master of Business Administration, Stanford University; Bachelor of Science, The University of Pennsylvania

Self-made

self-made

Herald Chen’s fortune is worth

18K

troy ounces of gold

17K

median U.S. household

11K

median U.S. income

0.022%

U.S. credit card volume

0.004%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Net worth over time

Real-time ranking

Financial assets

NASDAQ | APP-US

AppLovin Corp

NASDAQ | APP-US

AppLovin Corp

NYSE | GDDY-US

GoDaddy

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