Kevin Systrom is a brilliant programmer and entrepreneur. In 2010, Kevin Systrom did a breakthrough invention in social networking platform by launching the Instagram application which is one of the best, prevailing and prominent photo sharing application for smartphones. Now let’s have a close look on Kevin Systrom’s net worth in 2018.
The co-founder of the app “Instagram,” Kevin Systrom took birth in the year 1983 in Massachusetts. Both his partners belong to well-renowned professions. His mother Diane Systrom worked at Zipcar where she was the executive of marketing. Douglas Systrom, Kevin Systrom’s father, was the vice president of TJX companies in the department of human resources.
At an early age when Kevin was sent to Middlesex School in Concord, he was introduced to the world of computer programming, and he was hooked on to this field. When he was a student in high school, Kevin Systrom used to work at a store which focused on vinyl records. The store was situated in Boston.
Kevin Systrom was a brilliant student, and later he attended Stanford University. From such a prestigious university, Systrom graduated with a degree in engineering and management science in 2006. At the Stanford University, he was part of the fraternity of Sigma Nu. Kevin Systrom went to Florence during his third year to study the art of photography.
Also, he was selected to participate in the program of Mayfield fellows, and it helped him to get an internship at Odeo. Odeo is the company that finally gave rise to Twitter. He got married to Nicole Systrom. Kevin Systrom with his friend, Mike Krieger founded one of the most famous apps of modern times, Instagram which he later sold to Facebook and it has undoubtedly fetched him a huge amount of profit.
The first milestone of Kevin Systrom’s career was his employment in Google where he was an associate product marketing manager, and he worked on Gmail, Docs, Google Calendar and many more. To work on Next stop, Kevin left Google. During this time, Systrom thought of combining popular social games and location check-ins. He implemented his idea and made a prototype that he pitched to Andreessen Horowitz and Baseline ventures which later got transformed into Burbn. In the year of 2010, Kevin Systrom founded a video and photo sharing application known as Instagram together with Mike Krieger.
Awards and Achievements
In the year 2012, Kevin Systrom won the founder of the year at Crunchies. Under the category of social and mobile, Systrom was placed in the Forbes 30 list. He has also graced the cover of the Forbes magazine. He has won the CFDA media award. Another great achievement of Kevin Systrom is that he met Pope Francis in the Vatican City.
Net worth of Kevin Systrom
The total net worth of the co-founder of Instagram, Kevin Systrom is $420 million. Instagram is a very popular app with a monthly user base of 800 million. Facebook agreed to buy this app due to such popularity, and they offered an amount of $1 billion in cash and stock. The amount of cash was estimated at $300 million, and the share of stock was 23 million. Kevin Systrom holds about 40% of the deal made with Facebook. Also, Kevin Systrom had a good career graph as he has previously worked in Google and also the developer of Burbn. These factors have also contributed to his net worth.
Instagram is one of the most famous applications in the present world and the man behind this, Kevin Systrom is brilliant with a handsome net worth of $420 million. He is also the board member of Walmart. Kevin Systrom has a happy married life with spouse Nicole Systrom, and he has a great personality.