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.

Jan Koum Latest News

Facebook Inc. (FB) Director Jan Koum Sells 566,668 Shares of Stock

Facebook Inc. (NASDAQ:FB) Director Jan Koum sold 566,668 shares of the stock in a transaction on Tuesday, October 4th. The stock was sold at an average price of $128.22, for a total value of $72,658,170.96. The transaction was disclosed in a legal filing ...
Posted: October 10, 2016, 5:29 am

How WhatsApp’s Cofounder Promoted His App When It Was A Tiny Project, And No One Listened

But less than a decade ago, it was yet another app on the App store, and was struggling to stand out. That was when Jan Koum, WhatsApp’s cofounder, took to FlyersTalk to promote the app his team had recently developed. In October 2007, Koum posted on ...
Posted: October 24, 2016, 1:36 am

Filing Details

Class A Common Stock 3,500,000 Indirect By Jan Koum and BNY Mellon Trust of Delaware Co-Trustees of The Jan Koum Trust VIII U/A/D 1/29/2016 Class A Common Stock 2,242,343 Indirect By Jan Koum and BNY Mellon Trust of Delaware, Co-Trustees of The Jan Koum ...
Posted: October 20, 2016, 3:46 pm
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