Entrepreneurs Who Got Filthy Rich via an App Idea
Posted by whitelioninfosystems from the Business category at 09 Oct 2020 08:12:01 am.
Co-founder of Instagram, Systrom is worth a staggering $1.8 billion today.
Two years after its roll-out, Instagram was bought by Facebook for $1 billion.
It is the world’s largest photo-sharing app, with more than one billion users.
2. Bryan Acton
Acton co-founded WhatsApp in 2009, which has become a household name across the globe.
When Facebook bought WhatsApp in 2014, Acton received more than $3 billion.
He spends a significant amount of his wealth across various philanthropic activities.
3. Whitney Wolfe Herd
Herd co-founded the dating app Tinder. In 2014, she left Tinder and created Bumble, a more feministic dating app.
Today, Bumble is the second-most popular dating app in the US. Aged 31, Herd is worth $290 million.
4. Jan Koum
Co-founder of Whatsapp, Koum’s story is an inspiring tale of rags to riches.
A modest Ukrainian who immigrated to the US with his mother at a young age, Koum is now worth $10.1 billion.
5. Brian Wong
Wong was just 19 when he co-founded the ad rewards network app Kiip.
He made it to the Forbes 30 under 30 list in 2014, at the age of 23.
6. Byju Raveendran
One of India’s most stunning start-up successes, Byju’s learning up and EdTech platform, is a multi-billion dollar enterprise today.
Byju Raveendran, it’s founder and former math tutor, has amassed $2.3 billion in under a decade.
7. Robert Nay
Robert Nay was only 14 when he created the puzzle game Bubble Ball.
Ten years later, he is a multi-millionaire, and his game has been downloaded more than 16 million times.
8. Jonathan Badeen
Badeen is the co-founder and current Chief Strategic Officer of Tinder. In 2019, Tinder was estimated to have a value of $10 billion.
9. Evan Spiegel
The co-founder and CEO of Snap Inc., Spiegel is worth $5 billion and aged just 30. His break came when he released Snapchat in 2011.
10. Nick D’Aloisio
D’Aloisio was not even 16 when he rolled out his iOS App Trimit, which was later renamed Summly. Before he turned 18, he sold his app to Yahoo for $30 million.
11. Bhavish Aggarwal
He co-founded Ola Cabs at the age of 25. In 2019, Aggarwal was reported to have a net worth of ₹3,100 crores.
12. Ankit Bhati
The co-founder and CTO of Ola Cabs, Ankit Bhati, had a net worth of ₹1,400 crores in 2019. At 33, he is one of India’s youngest billionaires.
13. Sriharsha Majety
Majety is the co-founder and CEO of Swiggy, one of India’s largest food delivery apps. At 33, he is one of the youngest Indians in the billionaire club.
14. Jared Hecht
Hecht co-founded the group messaging app GroupMe in 2010. A year later, Skype bought his business for a whopping $85 million.
15. Kunal Shah
Kunal Shah was the co-founder of the online recharge platform FreeCharge. In 2015, Snapdeal bought FreeCharge for $400 million.
16. Connor Zwick
The developer of Flashcards+ app, Zwick, was a millionaire even before he turned 20.
17. Eric Setton
He is the co-founder and CEO of Tango, a cross-platform messaging application. The app has evolved with several features being added periodically.
18. Igor Magazinik
He is the co-founder and CTO of Viber, a cross-platform application for calls and messaging. In 2014, Viber was bought by Rakuten for $900 million.
19. Daniel Ek
The co-founder and CEO of Spotify has a net worth of $4.1 billion. His music streaming service has more than 180 million users.
20. Chad Mureta
This tech-millionaire has been associated with the development of many others as well. His main claim to fame is his Fingerprint Security Pro app.
21. Azhar Iqubal
Iqubal is the co-founder and CEO of Inshorts, the app that gives you all the latest news in 60 words. In 2019, Inshorts clocked a revenue run rate of $10 million.