Adam Foroughi | $10B+

Get in touch with Adam Foroughi | Adam Foroughi is the co-founder and CEO of AppLovin, a global leader in mobile app marketing and monetization. A former derivatives trader turned tech entrepreneur, Foroughi built AppLovin into a multi-billion-dollar platform powering growth for app developers worldwide. His vision blends data science, ad tech, and scalable business strategy.

Adam Foroughi is an Iranian-born American billionaire businessman and the chief executive officer (CEO) of AppLovin, a mobile technology company. Adam Foroughi BornIran Nationality American Education University of California, Berkeley (BA) Occupation Businessman Title CEO of AppLovin Term December 2011–present Early life and education edit Born in 1980, Foroughi's family emigrated to the United States to escape the destruction caused by Iraq-Iran War.[1] Adam grew up in Los Angeles, California, where his father had a successful construction company. He studied at the University of California, Berkeley, earning a Bachelor of Arts in economics.[1] Career edit Upon graduating from Berkeley, Foroughi worked as a derivatives trader. Later, he founded two marketing companies before starting AppLovin.[1] In 2012, Foroughi co-founded AppLovin along with friends John Krystynak and Andrew Karam.[2][3] On April 15, 2021, AppLovin became a public company after an initial public offering (IPO), with a total valuation of approximately $24 billion.[4] As a result of AppLovin's successful IPO, Foroughi's net worth rose to an estimated $2 billion.[5] In 2023, Foroughi's total compensation from AppLovin was $83.4 million, up 79,783% from the previous year and representing a CEO-to-median worker pay ratio of 795-to-1 for the company, as well as making Foroughi the eighth highest paid CEO in the US that year.

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