Jan Koum is a computer programmer and an inventor of Jewish origin. He is an American born in Kiev, Ukraine. He is co-founder of whatsApp now a popular worldwide messaging application. Jan Koum belonged to a poor family of Ukraine. He along with his mother and grandmother migrated to USA where he worked hard with his mother on lowly jobs to make his ends meet. But he discovered his talent in the computers early and pursued it to ultimately become a billionaire. Now let’s have a look at Jan Koum’s net worth in 2018.
Jan Koum Early life
Jan koum was born in Kiev, Ukraine on 24th February 1976.He was the only child of his Jewish parents. His struggle began early in his life due to unfavourable political environment in his country. To avoid difficulties in their home state, the family decided to migrate to US where his mother worked as a baby sitter while he worked in a grocery store as a cleaner.
He continued with his studies and found that he could do well in computer programming. When he completed his high school, he was a skilled network engineer. He joined San Jose University for higher studies while he continued working as a security tester with Ernst and young, a global accounting firm. Here he was acquainted with Brian Acton, his colleague at Yahoo assignment. Both of them were later to work together to acquire a name and fame for themselves.
Jan Koum Career, Awards & Achievement
Jan Koum started his career in right earnest using his knack for computer programming to a different level. While working with Ernst and Young as a security tester he was assigned to Yahoo, a search engine where he worked with Brian Acton an old Yahoo employee. Jan Koum later joined Yahoo as an infrastructure engineer while he still continued with his studies. But work pressure made him quit the university to work with Yahoo for nine years. His relation with Brian Acton grew. Their mutual interest in social media platform made them quit Yahoo in 2007 to explore new venues. On 24th Feb. 2009 they launched their company called WhatsApp Inc. And in early 2010 WhatsApp messenger came into being which after some initial hiccups became popular and had around 200 million active users in 2013. In the year 2014 the social media company Facebook anticipating the huge potential of the WhatsApp purchased it for 19 million dollars.
Awards and achievements:
Jan Kuom’s greatest achievement was incubating an idea of instant messaging service which could work across globe by having mobile phone users as a base.
WhatsApp formed by him and his friend Brian Acton gradually increased its user base and had 500 million active users handling billions of messages across the globe before it was purchased by Facebook.
The acquiring of WhatsApp by facebook for 19 billion dollars is one of the greatest value creating achievement by anyone in the world.
Jan Koum and Brian Acton were runners up at the 8th annual crunchies Award in 2015 in the category ‘Founder of the year’.
Net Worth of Jan Koum
Jan Koum’s net worth is estimated as $9.2 billion according to Forbes. A major portion of his net worth comes from the sale of his company WhatsApp to facebook for $19 billion in cash and stocks of which he was 45% owner.
Jan Koum’s salary and stock options as a member of board of Facebook adds to his net worth. He has been selling Facebook stocks to increase his net worth.
Jan Koum achieved in a young age what many would have achieved in a lifetime by sheer hard work and using his computer expertise and ideas to produce a product loved and used by billions across the world.
His messenger WhatsApp created a communication revolution in instant messaging and that too with minimal cost to the user. The unassuming and publicity shy personality is greatly admired across the world.