Kevin Systrom
$2.3B
Born
Dec 30, 1983
Age
41
Source of Wealth
Instagram
Residence
San Francisco, California
Citizenship
United States
Marital Status
Married
Children
1
Education
Bachelor of Arts/Science, Stanford University
- Kevin Systrom launched photo-sharing mobile phone app Instagram in 2010 with Mike Krieger.
- Facebook bought Instagram for $1 billion in cash and stock in 2012, and Systrom stayed on to continue running it. He left Facebook in 2018.
- Systrom, who owned 40% of Instagram going into the deal, mostly got Facebook stock.
- Under Systrom as CEO, Instagram became a fast growing app, with roughly 1 billion monthly users.
- In 2021, Systrom became a backer and director of the Ajax I SPAC, which took online car marketplace Cazoo public a year later.
- Systrom and Krieger launched a personalized news feed app, Artifact, in 2023, which was acquired by Yahoo in early 2024.
- Systrom convinced well known public figures to join Instagram, including Pope Francis and singer Selena Gomez.
- Systrom, known for wearing stylish suits, was a regular at fashion and cultural events, from the Met Gala to the Oscars, while he was CEO of Instagram.
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