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Arash Adam Foroughi net worth and biography

Arash Foroughi Biography and Net Worth

CEO of AppLovin

Adam Foroughi is CEO of AppLovin where he leads vision and strategy. AppLovin accelerates business growth with market leading technologies. Adam’s unique blend of product acumen and creative thinking keeps the AppLovin team in motion. Under his leadership, AppLovin has grown to be a global, publicly-traded company, with offices around the world. He began his career as a derivatives trader, where he was inspired by scalable, data-driven trading models to create profitable results. Adam then founded two companies—Lifestreet Media and Social Hour—where he applied and expanded his knowledge of mobile technology. In 2018, Adam received the Ernst & Young Entrepreneur of the Year Award.

What is Arash Adam Foroughi's net worth?: The estimated net worth of Arash Adam Foroughi is at least $2.31 billion as of November 27th, 2023. Mr. Foroughi owns 7,088,622 shares of AppLovin stock worth more than $2,305,361,647 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Foroughi may own. Learn More about Arash Adam Foroughi's net worth.
How do I contact Arash Adam Foroughi?: The corporate mailing address for Mr. Foroughi and other AppLovin executives is 1100 PAGE MILL ROAD, PALO ALTO CA, 94304. AppLovin can also be reached via phone at 800-839-9646 and via email at [email protected]. Learn More on Arash Adam Foroughi's contact information.
Has Arash Adam Foroughi been buying or selling shares of AppLovin?: Arash Adam Foroughi has not been actively trading shares of AppLovin during the last ninety days. Most recently, Arash Adam Foroughi sold 325,000 shares of the business's stock in a transaction on Monday, November 27th. The shares were sold at an average price of $39.56, for a transaction totalling $12,857,000.00. Following the completion of the sale, the chief executive officer now directly owns 7,088,622 shares of the company's stock, valued at $280,425,886.32. Learn More on Arash Adam Foroughi's trading history.
Who are AppLovin's active insiders?: AppLovin's insider roster includes Elena Arutunian (CAO), Craig Billings (Director), Herald Chen (CFO), Arash Foroughi (CEO), Alyssa Harvey Dawson (Director), Katie Jansen (CMO), Andrew Karam (Major Shareholder), John Krystynak (Major Shareholder), Vasily Shikin (CTO), Matthew Stumpf (CFO), Victoria Valenzuela (Insider), and Eduardo Vivas (Director). Learn More on AppLovin's active insiders.
Are insiders buying or selling shares of AppLovin?: During the last year, insiders at the sold shares 29 times. They sold a total of 19,920,504 shares worth more than $1,612,593,639.48. The most recent insider tranaction occured on November, 12th when CMO Katie Kihorany Jansen sold 59,876 shares worth more than $17,132,918.64. Insiders at AppLovin own 14.7% of the company. Learn More about insider trades at AppLovin.
Information on this page was last updated on 11/12/2024.

Arash Adam Foroughi Insider Trading History at AppLovin

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/27/2023	Sell	325,000	$39.56	$12,857,000.00	7,088,622
12/12/2022	Sell	373,668	$10.56	$3,945,934.08
12/9/2022	Sell	373,667	$10.38	$3,878,663.46	877,223
12/7/2022	Sell	373,666	$10.82	$4,043,066.12	1,126,334
12/5/2022	Sell	373,667	$13.19	$4,928,667.73	1,375,444

Arash Adam Foroughi Buying and Selling Activity at AppLovin

AppLovin Company Overview

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products. It also offers SparkLabs, which uses app store optimization to enhance ad visibility; AppLovin Exchange, which connects buyers to mobile and CTV devices through a single and direct RTB exchange; and Array, an end-to-end app management suite for mobile operators and end users. In addition, the company operates various free-to-play mobile games. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, indie studio developers, and internet platforms. AppLovin Corporation was incorporated in 2011 and is headquartered in Palo Alto, California.

Today's Range

Now: $325.22

$319.52

$342.51

50 Day Range

MA: $172.62

$105.61

$325.22

2 Week Range

Now: $325.22

$35.79

$342.51

Volume

7,100,273 shs

Average Volume

4,423,998 shs

Market Capitalization

$109.14 billion

P/E Ratio

98.55

Dividend Yield

N/A

Beta

1.86