Niklas Zennstrom Net Worth is$1.3 Billion
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Profession: Entrepreneur
Date of Birth: Feb 16, 1966
Nicknames: Niklas Zennstrom
Country: Sweden
Niklas Zennstrom is a well known entrepreneur and investor with a net worth of $1.3 billion. Niklas Zennstrom earned his net worth through his investments in skype, Kazaa and over thirty other companies. He was born in Sweden.
Niklas Zennstr"om (born 16 February 1966) is an entrepreneur best known for founding several high-profile online ventures with Janus Friis including Skype and Kazaa. More recently he founded the investment group Atomico and has become a significant figurehead for entrepreneurs in the tech sector.
Zennstr"om started his professional career at the European telecom operator Tele2. He went on to serve in various business development roles including launching and being responsible for European Internet Service Provider business get2net and as CEO of the portal.
In 2001 Zennstr"om and Friis co-founded Kazaa, the peer-to-peer file sharing application. Niklas served as CEO and the program became the world's most downloaded Internet software in 2003. After lawsuits were filed by members of the music and motion picture industry in the USA, Kazaa was sold to Sharman Networks.
Zennstr"om then founded and served as CEO at Joltid, a software company developing and marketing peer-to-peer solutions and traffic optimization technologies. Zennstr"om also co-founded Altnet, the world's first secure peer-to-peer network promoting commercial content to consumers integrating promotion, distribution, and payment of digital content.
Zennstr"om and Friis' most notable success to date is Skype, a telephony company based on peer-to-peer principles. On 14 October 2005 Skype was acquired by eBay for EUR2.1 billion ($2.6 billion) plus the potential to earn further performance-based bonuses up to EUR1.2bn. Zennstr"om was CEO from Skype's inception until September 2007. During that time, Skype became the global leader in Internet voice communications with more than 309m registered users within five years of launch.
After the sale of Skype, Zennstr"om and Friis went on in 2007 to launch Joost, an online video distribution service (where Zennstr"om was co-chairman).
In 2009 Zennstr"om was part of the investment consortium that bought Skype from eBay and has now re-join

Niklas Zennstrom Latest News

London can become home of the 'decacorn' - and create its very own Apple, Google or Facebook

It is no surprise, then, that Atomico, the venture capital fund created by Skype co-founder Niklas Zennström, was one of the lead investors in Supercell. Without doubt, Zennström was able to bring to bear his nous and experience of building a global ...
Posted: October 17, 2016, 5:44 am

Video: 2016 52 Super Series Highlights

On the last day of the season, Niklas Zennström’s Rán Racing won a very close four-cornered battle for third place and was also crowned top owner-driver. Quantum Racing won four regattas – Scarlino, Puerto Cervo, Puerto Portals and Mahón ...
Posted: October 19, 2016, 7:57 am

Startup backed by Skype co-founder aims to undercut Mexican telcos

FreedomPop, a five-year-old firm backed by Niklas Zennstrom, will take advantage of a sweeping telecoms reform that gave mobile virtual network operators (MVNOs) access to the network of billionaire Carlos Slim's America Movil at regulated prices.
Posted: October 12, 2016, 2:04 am
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