Portrait of Herald Chen

Rank #3058

Herald Chen

Net worth $1.2B

Marketing software, mobile games · United States

Born
Feb 12, 1970
Age
56
Source
Marketing software, mobile games
Residence
Hillsborough, California
Citizenship
United States
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • 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.

Financial assets

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