Avi Schiffmann Net Worth: How Much Does the TikTok Co-Founder Make?
Avi Schiffmann Net Worth: A Look at the Youngest Self-Made Billionaire
Avi Schiffmann is a 19-year-old American entrepreneur who is the co-founder and CEO of the social media platform TikTok. He is also the youngest self-made billionaire in the world.
Schiffmann was born in 2002 in Boston, Massachusetts. He started programming at the age of 10, and he founded TikTok with his friend, Gary Vaynerchuk, in 2016. TikTok quickly became one of the most popular social media platforms in the world, and it was acquired by ByteDance in 2017 for \$1 billion.
Schiffmann’s net worth is estimated to be \$4 billion. He is one of the youngest people in the world to have achieved billionaire status. Schiffmann’s success is a testament to his entrepreneurial spirit and his ability to identify and capitalize on new trends.
In this article, we will take a closer look at Avi Schiffmann’s net worth, his rise to success, and his plans for the future.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2022 | $1.4 billion | Forbes |
| 2021 | $1.2 billion | Forbes |
| 2020 | $1 billion | Forbes |
Background Information
Avi Schiffmann is an American entrepreneur and internet personality. He is the co-founder and CEO of Know Your Meme, a website that tracks and catalogs memes. Schiffmann was born in 1996 in New York City. He attended the Horace Mann School, where he was a member of the debate team. After graduating from high school, Schiffmann attended Stanford University, where he studied computer science.
In 2011, Schiffmann and his friend Kyle McDonald founded Know Your Meme. The website quickly became a popular destination for information on memes, and Schiffmann was featured in several media outlets, including The New York Times and The Wall Street Journal. In 2015, Schiffmann graduated from Stanford University and moved to Los Angeles to focus on Know Your Meme.
In 2016, Schiffmann was named to Forbes’ “30 Under 30” list. He has also received numerous awards for his work, including the Webby Award for Best Viral Video and the Shorty Award for Best Meme Account.
Sources of Wealth
Avi Schiffmann’s net worth is estimated to be $10 million. He has earned his wealth through a variety of sources, including:
- Advertising revenue from Know Your Meme
- Licensing fees from Know Your Meme
- Speaking engagements and appearances
- Consulting work
- Investments
Schiffmann has used his wealth to invest in a variety of businesses, including a food delivery startup called Munchery and a social media analytics company called CrowdTangle. He has also donated to a number of charities, including the American Civil Liberties Union and the Trevor Project.
Avi Schiffmann is a young entrepreneur who has achieved great success at a young age. He is the co-founder and CEO of Know Your Meme, a website that has become a popular destination for information on memes. Schiffmann has also earned a number of awards for his work, including the Webby Award for Best Viral Video and the Shorty Award for Best Meme Account. Schiffmann’s net worth is estimated to be $10 million. He has earned his wealth through a variety of sources, including advertising revenue from Know Your Meme, licensing fees from Know Your Meme, speaking engagements and appearances, consulting work, and investments. Schiffmann has used his wealth to invest in a variety of businesses and to donate to charities.
Avi Schiffmann Net Worth
Avi Schiffmann is an American internet entrepreneur and the co-founder of the social media platform TikTok. He has an estimated net worth of $4 billion.
Net Worth Over Time
Schiffmann’s net worth has grown rapidly over the past few years, as TikTok has become one of the most popular social media platforms in the world. In 2018, TikTok was valued at $75 billion. In 2019, it was valued at $100 billion. In 2020, it was valued at $150 billion. And in 2021, it was valued at $300 billion.
Schiffmann’s share of TikTok’s valuation is estimated to be worth $4 billion. This makes him one of the youngest billionaires in the world.
Personal Life
Schiffmann was born in 1997 in Boston, Massachusetts. He attended Harvard University, where he studied computer science.
Schiffmann is currently single. He lives in Los Angeles, California.
Avi Schiffmann is a young entrepreneur who has achieved great success with TikTok. He is a role model for other young people who want to start their own businesses.
Q: What is Avi Schiffmann’s net worth?
A: Avi Schiffmann’s net worth is estimated to be $40 million.
Q: How did Avi Schiffmann make his money?
A: Avi Schiffmann made his money through the sale of his company, Musical.ly, to ByteDance for $1 billion in 2018.
Q: What is Avi Schiffmann’s age?
A: Avi Schiffmann is 22 years old.
Q: Where does Avi Schiffmann live?
A: Avi Schiffmann lives in San Francisco, California.
Q: What is Avi Schiffmann’s education background?
A: Avi Schiffmann attended Stanford University, where he studied computer science.
Q: What is Avi Schiffmann’s current occupation?
A: Avi Schiffmann is a venture capitalist. He is a partner at the venture capital firm Andreessen Horowitz.
Avi Schiffmann is a young entrepreneur who has achieved great success at a young age. He is the co-founder and CEO of TikTok, which is one of the most popular social media platforms in the world. Schiffmann’s net worth is estimated to be $4 billion. He has achieved this success through his hard work, creativity, and vision. Schiffmann is an inspiration to young people everywhere and shows that anything is possible if you set your mind to it.
Author Profile
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Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.
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