Arash Adam  Foroughi net worth and biography

Arash Foroughi Biography and Net Worth

CEO of AppLovin
Adam Foroughi is CEO of AppLovin where he leads vision and strategy. AppLovin accelerates business growth with market leading technologies. Adam’s unique blend of product acumen and creative thinking keeps the AppLovin team in motion. Under his leadership, AppLovin has grown to be a global, publicly-traded company, with offices around the world. He began his career as a derivatives trader, where he was inspired by scalable, data-driven trading models to create profitable results. Adam then founded two companies—Lifestreet Media and Social Hour—where he applied and expanded his knowledge of mobile technology. In 2018, Adam received the Ernst & Young Entrepreneur of the Year Award.

What is Arash Adam Foroughi's net worth?

The estimated net worth of Arash Adam Foroughi is at least $473.52 million as of November 27th, 2023. Mr. Foroughi owns 7,088,622 shares of AppLovin stock worth more than $473,519,950 as of April 21st. This net worth estimate does not reflect any other assets that Mr. Foroughi may own. Additionally, Mr. Foroughi receives an annual salary of $104,360.00 as CEO at AppLovin. Learn More about Arash Adam Foroughi's net worth.

How old is Arash Adam Foroughi?

Mr. Foroughi is currently 43 years old. There are 4 older executives and no younger executives at AppLovin. The oldest executive at AppLovin is Mr. Herald Y. Chen, Advisor to the CEO & Director, who is 54 years old. Learn More on Arash Adam Foroughi's age.

What is Arash Adam Foroughi's salary?

As the CEO of AppLovin Co., Mr. Foroughi earns $104,360.00 per year. There are 4 executives that earn more than Mr. Foroughi. The highest earning executive at AppLovin is Mr. Vasily Shikin, Chief Technology Officer, who commands a salary of $412,480.00 per year. Learn More on Arash Adam Foroughi's salary.

How do I contact Arash Adam Foroughi?

The corporate mailing address for Mr. Foroughi and other AppLovin executives is 1100 PAGE MILL ROAD, PALO ALTO CA, 94304. AppLovin can also be reached via phone at 800-839-9646 and via email at [email protected]. Learn More on Arash Adam Foroughi's contact information.

Has Arash Adam Foroughi been buying or selling shares of AppLovin?

Arash Adam Foroughi has not been actively trading shares of AppLovin during the past quarter. Most recently, Arash Adam Foroughi sold 325,000 shares of the business's stock in a transaction on Monday, November 27th. The shares were sold at an average price of $39.56, for a transaction totalling $12,857,000.00. Following the completion of the sale, the chief executive officer now directly owns 7,088,622 shares of the company's stock, valued at $280,425,886.32. Learn More on Arash Adam Foroughi's trading history.

Who are AppLovin's active insiders?

AppLovin's insider roster includes Elena Arutunian (CAO), Craig Billings (Director), Herald Chen (CFO), Arash Foroughi (CEO), Alyssa Harvey Dawson (Director), Katie Jansen (CMO), Andrew Karam (Major Shareholder), John Krystynak (Major Shareholder), Vasily Shikin (CTO), Victoria Valenzuela (Insider), and Eduardo Vivas (Director). Learn More on AppLovin's active insiders.

Are insiders buying or selling shares of AppLovin?

During the last year, insiders at the sold shares 27 times. They sold a total of 58,098,889 shares worth more than $1,686,358,761.70. The most recent insider tranaction occured on April, 4th when insider Victoria Valenzuela sold 50,000 shares worth more than $3,750,500.00. Insiders at AppLovin own 12.4% of the company. Learn More about insider trades at AppLovin.

Information on this page was last updated on 4/4/2024.

Arash Adam Foroughi Insider Trading History at AppLovin

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/27/2023Sell325,000$39.56$12,857,000.007,088,622View SEC Filing Icon  
12/12/2022Sell373,668$10.56$3,945,934.08View SEC Filing Icon  
12/9/2022Sell373,667$10.38$3,878,663.46877,223View SEC Filing Icon  
12/7/2022Sell373,666$10.82$4,043,066.121,126,334View SEC Filing Icon  
12/5/2022Sell373,667$13.19$4,928,667.731,375,444View SEC Filing Icon  
See Full Table

Arash Adam Foroughi Buying and Selling Activity at AppLovin

This chart shows Arash Adam Foroughi's buying and selling at AppLovin by year and by quarter.

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AppLovin Company Overview

AppLovin logo
AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products. It also offers SparkLabs, which uses app store optimization to enhance ad visibility; AppLovin Exchange, which connects buyers to mobile and CTV devices through a single and direct RTB exchange; and Array, an end-to-end app management suite for mobile operators and end users. In addition, the company operates various free-to-play mobile games. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, indie studio developers, and internet platforms. AppLovin Corporation was incorporated in 2011 and is headquartered in Palo Alto, California.
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Today's Range

Now: $66.80
Low: $66.21
High: $69.18

50 Day Range

MA: $65.26
Low: $45.83
High: $78.24

2 Week Range

Now: $66.80
Low: $15.41
High: $79.55

Volume

2,614,725 shs

Average Volume

3,575,357 shs

Market Capitalization

$22.85 billion

P/E Ratio

66.80

Dividend Yield

N/A

Beta

1.9