Adam Foroughi
$24.3B
Born
May 07, 1980
Age
45
Source of Wealth
marketing software, mobile games
Residence
Truckee, California
Citizenship
United States
Marital Status
Married
Children
0
Education
Bachelor of Arts/Science, University of California, Berkeley
- 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 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.
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