Brian Acton Net Worth
Brian Acton net worth: Brian Acton is an American internet entrepreneur who has a net worth of $5.4 billion. Brian Acton is a co-founder of the immensely popular messaging service WhatsApp. On February 19, 2014, Facebook agreed to purchase WhatsApp for $19 billion in cash and stock. At the time of deal's announcement, Acton's 20% stake was worth $3.8 billion. Facebook announced that it was paying for the company with 184 million common shares of stock and $4 billion in cash. Facebook also set aside 46 million extra shares of stock that will be vested for the WhatsApp founders as long as the remain at the company. WhatsApp is the world's most popular messaging service. It allows users of smartphones to send text messages, group chats and photos through the app without having a text message plan. The messages instead go towards the user's data plan. WhatsApp is incredibly popular outside of the United States where people are much more likely to have text conversations with friends and co-workers who live outside of their country. Text message plans are also very expensive in some of these countries. As of February 2014, 450 million people use WhatsApp around the world with one million new users signing up every day. Brian Acton is a former Yahoo engineer. While at Yahoo he met future WhatsApp co-founder Jan Koum. The duo left Yahoo in 2009 and founded WhatsApp soon after.