Chad Hurley Net Worth

Chad Hurley is an American tech entrepreneur who has a net worth of $700 million. Chad Hurley has earned his net worth as a co-founder and former Chief ... CelebrityNetWorthSearchRandomChadHurleyNetWorthinRichestBusiness›CEOsChadHurleyNetWorth:$700Millionsplits:25WhatisChadHurley'snetworth?ChadHurleyisanAmericantechentrepreneurwhohasanetworthof$700million.ChadHurleyhasearnedhisnetworthasaco-founderandformerChiefExecutiveOfficerofthepopularvideosharingwebsiteYouTubewhichwasacquiredbyGoogleinlate2006for$1.65billion.EarlyLifeChadMeredithHurleywasborninReading,PennsylvaniaonJanuary24,1977.Asachildhewasinterestedincomputersandelectronicmedia.InhighschoolhewontwostatetitlesasarunnerandwasamemberoftheTechnologyStudentAssociation.ForcollegeheattendedIndianaUniversityofPennsylvania,graduatingin1999withaB.A.inFineArt.PayPalAftergraduatingfromcollege,ChadlandedajobatthestartupPayPal.HehelpeddesignwhatbecamethePayPallogo.Twoofhisco-workersatPayPalwereJawadKarimandSteveChen.PayPalwasacquiredbyeBayinAugust2002for$1.5billionincash.Chad,SteveandJawadstayedwithPayPalforafewyears.Allthreehadleftthecompanybyearly2005.AroundthistimethethreebeganmeetingatalocaldelicalledMax'sOperaHousetobrainstormstartupideas.Accordingtoonelegend,itwasJawadwhosuggestedthethreebuildawebsitewhereuserscoulduploadandsharevideos.AnotherversionoftheoriginstoryhasChadandStevefrustratedatnotbeingabletoeasilypostavideofromadinnerpartytotheinternet.Whateverthereality,thethreeultimatelylandedonthenameYouTube.com.YouTubeThethreepartnerswenttoworkdevelopingthewebsite.ThewebsiteYouTube.comwentliveinFebruary2005.At8:27pmonSaturday,April23,2005,JawadpostedtheveryfirstvideotoYouTube,avideohehadtakenafewmonthsearlierfromavisittotheSanDiegoZoo.BetweenNovember2005andApril2006,YouTuberaised$11.5millioninventurecapitalfundingfromSequoiaCapitalandArtisCapitalManagement.Theirtimingcouldnothavebeenmoreperfect.MySpacehadrecentlytakenoffandmillionsofpeoplewereaddingvideoembedsfromYouTubetotheirpages.InDecember2005YouTubereachedatippingpointthankstoa"SaturdayNightLive"sketchcalled"LazySunday."Atthetime,DVRswerestillnotinwideusesothedayafter"LazySunday"airedandpeoplewantedtoseethisvideotheyheardsomuchaboutfromfriendswhodidcatchitlive,headedtotheinternet.YouTubemadethevideoeasilytofindandwatchonline.ThistemporarilycausedacopyrightskirmishbetweenYouTubeandSNLandthevideowasactuallyremovedfromtheplatforminFebruary2006.TheclipwouldnotreappearonYouTubeuntilAugust2013whenitwasfinallyre-uploadedbytheofficiallySNLaccount.DavidBuchan/GettyImagesGoogleAcquisitionOnOctober9,2006,GoogleannouncedithadreachedadealtoacquireYouTubefor$1.65billioninGooglestock.AsCEO/founder,Chadimmediatelyreceived694,087sharesofGooglefromthesale.Healsoreceived41,232inatrusttobeearned-outovertime.Atthetimethedealclosed,Google'sstockpricewas$470.AtthatlevelChad'sshareswereworth$345million.IfChadstillownedallofthesesharesbylate2021,theywouldbeworthnearly$2billionbeforetaxes.SteveChenreceived$326millionworthofshares.Jawadreceived$64millionworthofshares.Sequoiareceived$442millionworthofsharesandArtisreceived$83million.ChadstayedonasCEOofYouTubethroughOctober2010.MixBitInAugust2013,ChadandStevelaunchedanewvideositetheycalledMixBit.MixBitalloweduserstoeditvideousingtheirsmartphones.MixBitcreatedanexperiencethatwouldlaterbecommoninappslikeVineandInstagram.MixBitwasacquiredbyBlueJeansinAugust2018KimKardashian/KanyeWestLawsuitIn2013ChadgotintoabitofcontroversywithKimKardashianandKanyeWest.InOctober2013,KanyeWestorchestratedanelaboratemarriageproposaltoKimKardashianatAT&TfieldinSanFrancisco.Everyoneinattendancewasrequiredtosignaconfidentialityagreement.Accordingtoalawsuitthatwouldlaterbefiled,ChadwasNOTinvited,butsomehowmanipulatedhiswayintotheevent.OnceinsidehewentaheadandrecordedtheproposalanduploadedatwominutecliptoMixBit.Thevideo,whichshowedKanyegettingdownononekneewithanorchestraandfireworksinthebackground,wassoonviewedmorethan1.64milliontimesandwasrepostedtoTMZ.HealsoissuedapressreleasepromotingthevideoonMixBit.WhenKimandKanyefoundout,theywerelivid.TheyquicklyfiledalawsuitagainstChad.Thelawsuitdraggedonfornearlytwoyears.IntheenditwassettledwithChadagreeingtopayKimandKanye$440,000.OtherInvestmentsChadwasaprincipalinvestorinthenow-defunctUSF1Team(Formula1).HeisaminorityowneroftheNBA'sGoldenStateWarriorsandMLS'LosAngelesFootballClub.PersonalLifeIn2000ChadmarriedKathyClark.Kathy'sfatherJimClarkisthebillionairetechinvestorbehindcompanieslikeSiliconGraphics,WebMDandNetscape.Jim'swife(hisfourthmarriage)isAustralianmodelKristyHinze.ChadisthreeyearsolderthanKristy…whoistechnicallyhismother-in-law.RealEstateIn2013ChadandKathypaidanundisclosedamountfora10-acrepropertyintheSiliconValleytownofWoodside,Ca.TheysoldthispropertyinJanuary2019for$14.25million.In2013theypaid$9millionforan8,600square-footmansioninAtherton,afewtownsoverfromWoodside.Todaythishomeisworth$15-20million.ChadandKathyalsoowntwounitsinaNewYorkCitybuilding.SteveChenNetWorthABriefHistoryOfYouTubeAndWhyItIsTheGreatestBusinessAcquisitionOfAllTimeHowJanetJackson'sSuperBowlNip-SlipCreatedYouTubeChadHurleyNetWorth:$700MillionDateofBirth:Jul24,1977(44yearsold)Gender:MaleProfession:Entrepreneur,BusinesspersonNationality:UnitedStatesofAmericaAllnetworthsarecalculatedusingdatadrawnfrompublicsources.Whenprovided,wealsoincorporateprivatetipsandfeedbackreceivedfromthecelebritiesortheirrepresentatives.Whileweworkdiligentlytoensurethatournumbersareasaccurateaspossible,unlessotherwiseindicatedtheyareonlyestimates.Wewelcomeallcorrectionsandfeedbackusingthebuttonbelow.Didwemakeamistake?Submitacorrectionsuggestionandhelpusfixit!SubmitaCorrectionMichaelMoritzNetWorthGoogle'sLowProfile"ThirdFounder"IsGoingThroughVeryAHighProfileBillionDollarDivorceBattleMarcAndreessenNetWorthPeterThielNetWorthImagineGettingFiredFromGoogleNINEDAYSBeforeTheIPOWasAnnouncedJeffBezosNetWorth