Herald Chen

$1.17B
as of 01/18/26

About Herald Chen

Herald Chen is a former president and CFO of AppLovin, which makes marketing software for app builders and develops its own free-to-play mobile games.

Chen owns nearly 1% of AppLovin thanks to stock options he was awarded when he joined the Palo Alto, California-based startup in 2019 (including nearly half he hasn't exercised yet).

As AppLovin's chief financial officer, Chen helped the company prepare for its 2021 initial public offering, which valued the company at $25 billion.

In January 2024, Chen transitioned from president to a 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 55)

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

19K

troy ounces of gold

18K

median U.S. household

12K

median U.S. income

0.023%

U.S. credit card volume

0.005%

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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