|Net Worth:||$1.3 Billion|
|Date of Birth:||February 16, 1966 (57 years old)|
What is Niklas Zennstrom’s Net Worth?
Niklas Zennstrom is a Swedish entrepreneur who has a net worth of $1.3 billion. Due to his share of investment in over thirty businesses including Kazaa and Skype, he has earned a huge fortune.
For a whopping $3.1 billion, Niklas sold out Skype to eBay in 2005, and for $8.5 billion, Microsoft purchased Skype from eBay which profited Niklas an additional $1 billion.
Early Life and Intellectual Attainment
On the 16th day of February 1966, Niklas Zennstrom was birthed in Järfälla, Sweden where he later obtained a dual degree in Business Administration and an MSc in Engineering Physics/Computer Science from Uppsala University in Sweden and the University of Michigan.
Niklas’ professional business career started when he became a member of Tele; Europe’s first competitive phone company in 1991.
After a period of one year, Niklas Zennstrom alongside Janus Friis teamed up to build a peer-to-peer file-sharing app called Kazaa.
In 2003, the application grew into becoming the most downloaded Internet software in the whole world when Niklas held the position of chief executive officer of the company.
Niklas Zennstrom owns and controls an Atomico based in London; a company that invests in fast-rising technology companies with the sole aim of transforming their respective industries.
Last. FM, Supercell, Fab, Rovio, and Skype are just a few of the more than 50 businesses that Atomico has strongly supported across four continents.
Then, in 2002, Niklas Zennstrom and Friis co-founded Skype with the intention of removing the cost of international communication for both consumers and business partners.
Just four years of its introduction, Skype had more than 276 million registered users, making it the world leader in Internet audio conversations.
When eBay Inc. bought Skype for $3.1 billion in September 2005, it was the pinnacle of its success. From the beginning of Skype until September 2007, Niklas was its CEO.
When the partners co-founded Joost, an online video distribution service and internet TV provider, which subsequently altered how people view television.
When his investment group acquired Skype Technologies from eBay in 2009, Zennstrom re-joined the Skype board.
Microsoft paid $8.5 billion to acquire Skype in May 2011. According to reports, Zennstrom and Friis both got $1 billion from the deal.
Niklas Zennstrom tied the knot with Catherine Zennstrom, Together, they established Zennstrom Philanthropies for the main purpose of donating and fundraising for situations like social entrepreneurship and climate change.
Niklas also loves spending his time offshore racing, skiing, and sailing in his leisure time. Together with his family, he resides in London although hails from Sweden.
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