Jan Koum Net Worth is$8.5 Billion
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Jan Koum net worth: Jan Koum is a Ukrainian born internet entrepreneur who has a net worth of $8.5 billion. Jan Koum is the co-founder of the enormously popular smartphone messaging service WhatsApp. On February 19, 2014 Jan Koum sold WhatsApp to Facebook for $19 billion in cash and stock. At the time of the sale Koum still maintained a 45% ownership stake in his company. His co-founder Brian Acton owned 20% and became instantly worth $3.8 billion. The deal was made up of 184 million common stock shares (which on the day of the sale were worth $12.5 billion) and $4 billion in cash. An additional 46 million shares were set aside for the owners which vests over several years as long as they stayed employed at Facebook. WhatsApp is the worlds most popular messaging service. At the time of the sale it had 450 million users and was adding one million users every single day. Jan Koum attended San Jose State University before landing a job at Yahoo where he stayed for nine years. He met his future billionaire co-founder while they were both working as engineers at Yahoo. They left Yahoo in 2009 and launched WhatsApp soon after. WhatsApp allows users to send text messages and photos for free using their broadband data instead of a text message plan. The service is free for the first year then just $0.99 a year from then on.
Jan Koum is CEO and founder of WhatsApp, a mobile messaging application which was recently acquired by Facebook Inc. Koum is Jewish and grew up in a village outside Kiev in Ukraine. He moved to California with his mother and grandmother in 1992.

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Jan Koum Latest News

New report reveals why WhatsApp founders Jan Koum, Brian Acton left Facebook

In May, it was announced that WhatsApp co-founder Jan Koum was leaving the company. The news came as Facebook faced criticism in light of the Cambridge Analytica data leaks scandal. Earlier in March, ...
Posted: June 5, 2018, 9:10 pm

WhatsApp CEO Jan Koum quits Facebook due to privacy intrusions

“It is time for me to move on . . . I’m taking some time off to do things I enjoy outside of technology, such as collecting rare air-cooled Porsches, working on my cars and playing ultimate frisbee,” ...
Posted: April 30, 2018, 2:35 pm

WhatsApp CEO to leave Facebook

Jan Koum, the CEO and cofounder of Facebook-owned WhatsApp, confirmed Monday that he is leaving the company. The departure comes nearly four years after Facebook (FB) completed its acquisition of the ...
Posted: April 30, 2018, 3:21 pm
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