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

After replacing SMS, WhatsApp CEO Jan Koum wants to replace voice calls

I am headed back home after spending 48 sleepless hours at MWC and I find myself sitting across WhatsApp co-founder and CEO, Jan Koum at the only coffee shop open at Terminal 1 of Barcelona's El Prat I am headed back home after spending 48 sleepless hours ...
Posted: March 4, 2014, 8:15 pm

Richard Branson explains what motivates him after 5 decades as an entrepreneur — and what he’d do if he had to start over

I met the WhatsApp founder Jan Koum in San Francisco after Facebook bought his app for $19 billion. He was so rich so young and hadn't given much thought about how it was going to change his life. But, thankfully, he did want to look after his team and use ...
Posted: November 11, 2017, 12:00 pm

WhatsApp founder: Food stamps to billionaire

The only thing more stunning than WhatsApp's $19 billion price tag is the incredible journey of the messaging app's CEO Jan Koum. Koum was raised in Ukraine, immigrating in the early 1990s to the United States when he was a teenager. Living on welfare and ...
Posted: February 20, 2014, 4:37 am
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