Brian Acton net worth
Number of divisions: 6
What is Brian Acton’s net worth?
Brian Acton is an American Internet entrepreneur with a net worth of US$4 billion. Brian Acton is the co-founder of the popular messaging service WhatsApp. On February 19, 2014, Facebook agreed to acquire WhatsApp for US$19 billion in cash and stock.
At the time of the transaction announcement, Acton’s 20% stake was valued at US$3.8 billion. Facebook announced that it will pay the company’s expenses with 184 million shares of common stock and $4 billion in cash. Facebook also reserved 46 million additional shares, which will belong to the founders of WhatsApp, as long as they stay in the company.
WhatsApp is the most popular messaging service in the world. It allows smartphone users to send text messages, group chats, and photos through the application without having to make a text message plan. Instead, these messages will be directed to the user’s data plan. WhatsApp is very popular outside the United States, where people are more likely to have text conversations with friends and colleagues living abroad. In some of these countries/regions, SMS plans are also very expensive. As of February 2014, 450 million people worldwide use WhatsApp, and 1 million new users sign up every day.
Brian Acton is a former Yahoo engineer. While at Yahoo, he met Jan Koum, the future co-founder of WhatsApp. The two left Yahoo in 2009 and founded WhatsApp shortly thereafter.
Leave facebook
Brian Acton (Brian Acton) left Facebook in 2017 because of concerns about how Facebook’s senior management might implement intrusive privacy and advertising changes on the platform. When he left, he gave up $850 million worth of unexercised stock options, and he could wait up to one or two years to earn these stock options. Soon after leaving Facebook, he became a vocal supporter of the #DeleteFacebook movement. He also funded a rival messaging service called Signal.
real estate
In five years, Brian spent $86 million to piece together a compound in Palo Alto near Stanford University. He bought a total of seven houses on the same street. In some transactions, the price he paid was much higher than the fair market value. Acton paid US$30 million for a property previously valued by the county government at US$1.5 million. Neighbors think this is a clerical error. So far, he has only demolished one of the seven houses and built a modern house for himself. His compound is less than a mile from a similar compound of Mark Zuckerberg.
