Herald Chen
$1.1B
Born
Feb 12, 1970
Age
56
Source of Wealth
Marketing software, mobile games
Residence
Hillsborough, California
Citizenship
United States
Marital Status
Married
Children
3
Education
- 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.
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