Adam Foroughi

Adam Foroughi is an Iranian-born American billionaire businessman and the chief executive officer (CEO) of AppLovin, a mobile technology company.

Early life and education Born in 1980, Foroughi's family emigrated to the United States to escape the destruction caused by Iraq-Iran War. Arash grew up in Laguna Niguel, California, where his father Marty had a successful construction company. He attended Aliso Niguel High School and then went on to study at the University of California, Berkeley, earning a Bachelor of Arts in economics.

On April 15, 2021, AppLovin became a public company after an initial public offering (IPO), with a total valuation of approximately $24 billion. As a result of AppLovin's successful IPO, Foroughi's net worth rose to an estimated $2 billion.

In 2023, Foroughi's total compensation from AppLovin was $83.4 million making him the eighth highest paid CEO in the US that year.