Rank #1802
Kevin Systrom
Net worth $2.3B
Instagram · United States
- Born
- Dec 30, 1983
- Age
- 42
- Source
- Residence
- San Francisco, California
- Citizenship
- United States
- Marital status
- Married
- Children
- 1
- Education
- Bachelor of Arts/Science, Stanford University
Net worth over time
Biography
- 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 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.
Financial assets
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