How much is Chad Hurley worth?
|Net worth:||$355 million dollars|
|Country of Origin:||Reading, Pennsylvania, United States|
|Date of birth:||January 24, 1977|
|Source of wealth||Co-founder YouTube and MixBit|
Chad Meredith Hurley is famously known as the co-founder of YouTube, world’s largest video-sharing website. Chad is an American media tycoon and former CEO of YouTube and MixBit. In 2006, he was mentioned on Business 2.0’s “50 People Who Matter Now” list. In 2006, after making YouTube, he and his friend, Steve Chen sold YouTube to Google for $1.65 billion.
Before launching YouTube, Chad Hurley also did a job in eBay’s PayPal division where his one of the main JDs was to design the original PayPal logo. While working on YouTube, Chad was responsible for the sharing and tagging features of YouTube.
As of this year, Chad Hurley net worth is around $355 million.
Chad Hurley was born in the state of Pennsylvania at January 24, 1977. He is the second child of Don and Joann Hurley. He grew up in Pennsylvania. Chad has a younger brother named Brent and an older sister, Heather.
Hurley had an interest in arts since his childhood. He also had an interest in computers and electronic media. As a member of his high school’s cross-country program, Chad and his team won two of its PIAA State titles. Chad was a prominent member of his high school’s Technology Student Association. In 1995, Chad did his graduation from Twin Valley High School. In 1999, He got his B.A. degree in Fine Arts from Indiana University of Pennsylvania.
Chad Hurley married to Kathy Clark who is the daughter of Silicon Valley entrepreneur James H. Clark.
Chad Hurley Motivational Video
In 2005, Chad Hurley along with his friends Jawed Karim and Steve Chen founded YouTube, a popular video-sharing site. After one year of the creation of YouTube, Chad and Steve sold the world’s largest video-sharing site, YouTube to Google for a whopping $1.65 billion.
The Wall Street Journal reported that time that Chad’s share was $345.6 million at Google’s February 7, 2007 closing stock price of $470.01. YouTube’s other co-founders also received their respective shares from Google. Steve received $326.2 million and Jawed received $64.6 million.
In 2010, Chad Hurley stepped down from the position of YouTube’s CEO. After stepping down, Chad remained advisor of YouTube. Sala Kamangar, then take the position of YouTube’s next CEO. After the three years, in 2013, Chad Hurley launched another company called MixBit. The company performs video editing using smartphones. Steve Chen claimed that it was Chad’s original idea to make MixBit even before launching YouTube.
The MixBit app is very similar to other famous video recording apps like Instagram, Vine, Vyclone. These all are smartphone apps. MixBit’s each video recording clip’s length can be maximum 16 seconds. MixBit also offers video editing tools. In 2018, BlueJeans acquired MixBit.
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Chad also had an interest in Formula One racing and was involved as a major investor in this game. In 2010, Chad’s formula one team was shut down and the team members were dismissed from the roles. Chad Hurley and none of the team members commented about the failures of the team. Apart from his investment in formula one, Chad also made numerous investments.
As of 2021, Chad Hurley net worth is estimated to be around $355 million.