Adam Foroughi

Adam Foroughi is among the world's most closely watched billionaires from UNITED STATES, with an estimated fortune of $17.5B. The bulk of Adam Foroughi's wealth comes from Advertising Technology, closely tied to advertising technology. Adam Foroughi is an Iranian-American entrepreneur and the co-founder and CEO of AppLovin, an AI-powered advertising technology company. Born in Tehran in 1980, he immigrated to the United States with his family. Foroughi's career began as a derivatives trader after graduating from the University of California, Berkeley. He later founded two marketing companies, Lifestreet Media, and Social Hour before establishing AppLovin in 2012. Under his leadership, AppLovin has become a leading mobile technology company. Foroughi's net worth is primarily derived from his ownership stake in AppLovin, and he has been recognized for his achievements in the tech industry. As of 2024, his estimated net worth is $15.7 billion, making him one of the wealthiest individuals in the world. Key career milestones include Graduated from UC Berkeley (2001); Co-founded AppLovin (2012); AppLovin IPO (2021); AppLovin AXON Technology (2023). This profile documents verified holdings, career milestones, and multi-year net worth history drawn from Forbes rankings, company filings where available, and our editorial methodology. Readers use it to understand how public markets, private company stakes, and major business bets shape one of the largest personal fortunes on record. Wealth estimates move with stock prices, funding rounds, and disclosed transactions—figures on this page are research estimates, not cash balances. We publish year-by-year net worth history when verified data exists, link to primary sources, and update profiles when Forbes Real-Time Billionaires or major filings change the picture materially. For investors and researchers, the most useful reading pairs the headline number with ownership structure, geography, sector exposure, and the multi-year history chart on this page—especially during volatile markets when single-day moves can shift rankings without any operational change at the underlying companies.