Kevin Systrom Net Worth 2020

Kevin Systrom Net Worth 2020

Net Worth: $1.6 Billion
Age: 36
Height: 1.96 m
Born: December 30, 1983
Country Of Origin: United States
Residence: San Francisco, California
Source Of Wealth: Instagram, Self Made
Profession: Computer Programmer
Marital Status: Married
Children: 1
Education: Bachelor of Arts/Science, Stanford University
Last Updated: 2020

Introduction

Kevin Systrom is an American computer programmer and entrepreneur. He along with  Mike Krieger founded the world’s largest photo-sharing website Instagram. In 2016, Systrom was among the list of richest American entrepreneurs. Under Systrom, Instagram became the world fast-growing app with 800 million monthly users. He resigned as CEO of Instagram in 2018.

 As of 2020, Kevin Systrom’s Net Worth is an estimated $1.6 billion.

Early Life

Systrom was born in 1983 in Holliston, Massachusetts. Systrom went to Middlesex School in Concord, Massachusetts. He learned the basics of computer programming. He worked in a music store Boston Beat in Boston while he was a high school student. Systrom graduated with a degree in management sciences and engineering from Stanford University. He was among the 12 students to participate in the Mayfield Fellows Program at Stanford University. The fellowship led to his internship at Odeo.

Career

After graduation Systrom Joined google working on Gmail, Google Calendar, Docs, and spreadsheets. He spent two years at Google and eventually left for not being promoted to the Associate Product Manager program. After leaving Google, he joined Nextstop.

While on vacation with his girlfriend in Mexico, he came up with the idea to make a prototype app when his girlfriend refused to post the pictures taken by iPhone for as they looked ugly. The solution to this problem was to add filters and put some shades in the photograph. Systrom co‑founded the photo and video-sharing social networking Instagram with Mike Krieger in San Francisco, California.

In 2012, Facebook purchased Instagram with 13 employees for $1 billion. In 2015, forty billion pictures were shared on Instagram and by 2016, Instagram had 500 million active users. In May 2017, Systrom worked for the better-integrated use of videos on Instagram. In 2018, Systrom resigned from Instagram and left in few weeks.

Net Worth Last 5 Years

Systrom is the true description of entrepreneurship following one’s soul

2019: Net Worth was $1.4 billion

2018: Net Worth was $1.5 billion

2017: Net Worth was $1.2 billion

2016: Net Worth was $1.1 billion

2015: Net Worth was $1.4 billion

Cars/Home/Private Jets/Yachts

Kevin Systrom. Holliston, Massachusetts, U.S.A. He does not have any private jet or Yacht.

Top Quotes 

1. “Focusing on one thing and doing it really, really well can get you very far.” Kevin Systrom

2. “If you’ve got an idea, start today. There’s no better time than now to get going.” Kevin Systrom

3. “You need to fail in order to find the right solution.” Kevin Systrom

4. “There’s real beauty in pushing yourself to expose the real you in more ways.” Kevin Systrom

5. “Every startup should address a real and demonstrated need in the world.” Kevin Systrom

Key Points To Conclude

  • Always be a helping hand
  • Opportunity knocks once at your door
  • Some decisions are hard to take at once
  • Teamwork is the best work ever
  • Social media give us a chance to get connected to each other

Summary

Kevin Systrom is an American computer programmer and entrepreneur. He and his friend created the world’s best photo and video sharing app Instagram which was later sold to Facebook for $ 1 billion. By 2017, Instagram employed 450 people and had 600 million people per month and 300 million per day users. Systrom resigned from Instagram in 2018.

As of 2020, Kevin Systron’s Net Worth is an estimated $1.6 billion.

I hope that you have been inspired by Kevin Systrom’s Net Worth, do let us know your thoughts in the comments section below.

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