Adam Foroughi
American businessman and winemaker
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| Intro | American businessman and winemaker | |
| Places | United States of America | |
| is | Businessperson Winemaker | |
| Gender |
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Biography
Adam Foroughi is an Iranian-American billionaire businessman and the chief executive officer (CEO) of AppLovin, a mobile technology company.
Biography
Born in 1980, Foroughi's family emigrated to the United States to escape the destruction caused by Iraq-Iran War. Adam grew up in Los Angeles, California, where his father has a successful construction company. He studied at the University of California, Berkeley, earning a B.A. in economics. Upon graduating from Berkeley, Foroughi worked as a derivatives trader. Later, he founded two marketing companies before starting AppLovin.
In 2012, Foroughi co-founded AppLovin along with friends John Krystynak and Andrew Karam.
On April 15, 2021, AppLovin became a public company after an initial public offering (IPO), with a total valuation of approximately $24 billion. As a result of AppLovin's successful IPO, Foroughi's net worth rose to an estimated $2 billion.
Adam is married and has 5 children.