Chad Meredith Hurley was born on 24 January 1977, in Reading, Pennsylvania USA, and is an IT expert and businessman, best known as the co-founder and former CEO of YouTube, and CEO and co-founder of AVOS Systems, which are also regarded as the main sources of Chad’s net worth and wealth.
So just how rich is Chad Hurley? Authoritative sources estimate that the total sum of Chad Hurley’s net worth is as high as $400 million, accumulated during his career in IT now spanning over 15 years. His annual salary is reported to reach over $4.5 million dollars per year, which suggests that his wealth will continue to increase substantially.
Chad Hurley Net Worth $400 Million
Chad and his two siblings were raised near Birdsboro, Pennsylvania. In early childhood he was interested in arts, but later he got hooked on computers. He studied at Twin Valley High School, and then graduated from Indiana University of Pennsylvania with a bachelors degree in fine arts in 1999. Chad Hurley began his career as well as the accumulation of his net worth working on the PayPal logo. There he met the people with whom he later developed the idea of YouTube. At the beginning of 2005 Steve Chen, Chad Hurley and Jawed Karim founded a video-sharing website called YouTube. It was written in Python and proprietary JavaScript; the very idea of the project contained uploading and watching videos by users and unregistered people all over the world as they wanted to share files which were too big to send via e-mails. The website became very popular soon after it was launched, and in the first year it became one of the ten most visited websites on the internet. Hurley was responsible for the aspects of video sharing and tagging in Youtube, and the successful launch of the project advanced Hurley’s net worth enormously, especially as after a year, the company was sold to Google Inc. for $1.65 billion, thus increasing Chad Hurley’s and his friends’ wealth considerably.
Chad continued working as the CEO of the company until 2010. Afterwards, he worked as an advisor to the company, this way adding to his net worth, too.
In 2006, Hurley was listed as 28th on the list of ‘50 People who Matter Now’ created by Business 2.0, this way increasing his popularity and assisting his net worth.
In 2009 Hurley invested money into the new team of Formula 1, however, the team was not able to participate in the championship and was forced to shut down. In 2013, Chad Hurley with Joann Hurley created MixBit Company which is expected to become successful.
Currently, Hurley is working on the websites Delicious and Zeen.
Hurley is also increasing his net worth with his own clothing line called Hlaska.
In his personal life, Chad Hurley has been married to Kathy Clark, the daughter of famous entrepreneur Jim Clark, since 2000; they have two children. The life of the family is largely kept private..
Leave a Comment