Adam Foroughi
advertising technology · Truckee, California
Net worth
$14.7B
Today
+$340M+2.36%Past month
+$4.8B+47.86%As of Nov 11, 2026, 1:50 PM EST
Adam Foroughi is the cofounder and CEO of AI-powered advertising technology company AppLovin. Based in Palo Alto, California, AppLovin was founded in 2011 and went public in 2021. Foroughi owns around 11% of its shares. Foroughi bootstrapped AppLovin for years without outside funding. KKR became its biggest backer with a $400 million investment in 2018. Foroughi was born in Iran a year after the 1979 Iranian Revolution and immigrated to California as a child. He became a derivatives trader after graduating from the University of California, Berkeley, and started two marketing companies before AppLovin.
Net worth over time
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
AppLovin Corp NASDAQ: APP | Technology | 95.4% | $14.1B |
Private and other holdings | Technology | 4.6% | $678M |