Wiki Biography of Jawed Karim
Jawed Karim, a German-American entrepreneur, is most known for being one of the co-founders of the website “YouTube.” He was born on October 28, 1979.
So, how much money does Karim have? It is estimated that he has a net worth of $140 million as of early 2016, derived primarily from his shares in Youtube and his company Youniversity Ventures.
Jawed Karim has a net worth of $140 million dollars
Karim is the son of Bagladeshi researcher Naimul Karim and German scientist and academic Christine Karim. Karim was born in Merseburg, East Germany, but the family opted to cross the border to Neuss, West Germany, in 1981. After 11 years, the family moved to the United States in 1992, where Karim completed high school and college.
Karim graduated from Central High School in Saint Paul, Minnesota, then went on to the University of Illinois at Urbana-Champaign to pursue a degree in computer technology. However, he relocated to California because of a job offer from PayPal and elected to finish his degree outside of the University, which he did in 2004. He went on to Stanford University for his master’s degree in computer science.
One of the major contributions he made during his time at PayPal was the design and implementation of the company’s real-time anti-fraud system, but his biggest success came when he met friends Chad Hurley and Steve Chen, and the three of them came up with the idea for Youtube after Karim wanted to watch Janet Jackson’s wardrobe malfunction in the 2004 Super Bowl. He tried browsing the internet for a video clip of it but couldn’t find any, so the three decided to build a website where people could easily exchange films, and so Youtube was born.
The domain www.youtube.com went live in February 2005, and Karim’s video “Me at the Zoo” was the first video submitted to the site in April of that year. Karim decided to leave the company’s administration and only serve as an advisor after setting up the site because he wanted to pursue his doctoral studies in computer science at Stanford University.
People on the internet fell in love with YouTube’s sharing features because it was the first of its type, and it became an instant success. In October 2006, just over a year after its founding, Google purchased the firm for $1.65 billion, with Karim owning 137,443 of the company’s shares, netting him $64 million. His stocks are now valued around $140 million, accounting for the majority of his net worth.
Along with Kevin Hartz, co-founder of Eventbrite, a famous event registration website, and Xoom Corporation, an international money transfer company, and Keith Rabois, who worked with Slide and LinkedIn, Karim founded Youniversity Ventures. The venture’s goal is to inspire and assist university students in starting their first business, with a concentration on current and former Stanford University and University of Illinois at Urbana-Champaign students. Karim is still single and working on Youniversity Ventures in his personal life.
|Date Of Birth
|October 28, 1979
|Place Of Birth
|Merseburg, East Germany
|Entrepreneur, Designer, Co-founder of YouTube
|University of Illinois at Urbana–Champaign, Stanford University, Saint Paul Central High School
|Naimul Karim, Christine Karim