#3172
Herald Chen
Overview
- Source of Wealth
- Marketing software, mobile games
- Industry
- Technology
- Residence
- Hillsborough, California
- Education
- Stanford University (Master of Business Administration)The University of Pennsylvania (Bachelor of Science)
- Marital Status
- Married
- Children
- 3
Assets
- AppLovin Corp813,676 shares @ --APP-US
- AppLovin Corp330,201 shares @ --APP-US
- GoDaddy15,315 shares @ --GDDY-US
Biography
Herald Chen is a former president and chief financial officer of AI-powered advertising technology company AppLovin.
Chen became a billionaire thanks to stock options he was awarded when he joined the Palo Alto, California-based company in 2019.
As AppLovin's CFO, Chen helped the company prepare for its 2021 initial public offering on the Nasdaq.
In 2024, Chen transitioned into a new role as advisor to AppLovin's billionaire cofounder and CEO Adam Foroughi, while remaining on the company's board.
Chen previously led KKR's technology, media and telecom division for 12 years, overseeing the private equity firm's investments in AppLovin, WebMD, Eastman Kodak and more.