Kevin Systrom Net Worth is$400 Million
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Kevin Systrom is an internet entrepreneur with a net worth of $400 million. His net worth is just one of the reasons he has become a "hot name" in the business world, having landed on several lists such as "The 100 Most Creative People in Business in 2011" from magazine Fast Company, the 2011 "30 Under 30" list from magazine Inc., and even on the cover of 7x7 Magazine's "The Hot 20 2011" issue. Systrom gained all this prominence thanks to his role as the founder and chief executive officer of Instagram, the massively popular photo sharing app that allows smartphone users to share photos through various online social networks. The photos have a distinctive look thanks to digital filtering. This filter mostly serves to give the photos a kind of "retro" look, in homage to analog cameras from decades past such as the Kodak Instamatic and the Polaroid instant cameras. As of 2011, the application has more than ten million users, many of which use the app to share photos on online social networking web sites such as Twitter or Facebook, making the distinct "Instagram look" a familiar sight to many users of those popular websites. And they all have Kevin Systrom to thank for it. Facebook Acquisition On April 9th 2012, Facebook CEO Mark Zuckerberg announced that his company has agreed to purchase Instagram for a whopping $1 billion in cash and stock. The acquisition gives 27 year old founder/CEO Kevin Systrom a net worth of $400 million. That amount might actually increase when Facebook IPOs later this year!
'Kevin Systrom is an American entrepreneur and software engineer best known as the cofounder and CEO of Instagram. Systrom graduated in 2006 from Stanford University with a B.S. in Management Science & Engineering. He cofounded Instagram in 2010 with Mike Krieger. He also founded Burbn, an HTML5-based location sharing service.
He got his first taste of the startup world when he was an intern at Odeo, the company that birthed Twitter. He spent two years at Google; during the first, he worked on Gmail, Google Reader, and other products, and during the second he worked on the Corporate Development team. Systrom has always had a passion for social products that enable people to communicate more easily, and combined with his passion for photography, Instagram is a natural fit. In April 2012 Systrom sold Instagram to Facebook for 1 billion dollars in cash and stock.

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Kevin Systrom Latest News

Instagram’s Kevin Systrom on notification overkill

Kevin Systrom, the co-founder and CEO of Instagram, sat down with Hearst Digital President Troy Young at the Hearst Tower on Oct. 12 for a wide-ranging conversation that touched on Russian-sourced political ads, Silicon Valley bro culture and social media ...
Posted: October 13, 2017, 3:16 pm

Intentional Instagramming: The "New Age" Of Social Media

Soon, though, I'll see it directly within Instagram, via a "Usage Insights" feature. TechCrunch revealed the news yesterday, and Instagram CEO Kevin Systrom confirmed it with a tweet, and short explanation: We're building tools that will help the IG ...
Posted: May 21, 2018, 3:03 pm

Wired Notes Silicon Valley Companies Are Starting to Doubt Concept of Free Speech

“As the CEO of a service with 700 million users, Systrom recognizes that he’s something like the benevolent dictator of a country more than twice the size of the US,” declared Wired in their profile of Instagram CEO Kevin Systrom this week.
Posted: August 16, 2017, 6:21 pm
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