Net Worth: $400 Million
- Source of Wealth AOL, Google, ABC, ESPN
- Full Name Timothy M. Armstrong
- Nationality United States
- Occupation Chairman and CEO of AOL Inc.
- Education Connecticut College
About Tim Armstrong
Tim Armstrong is the Chairman and Chief Executive Officer of AOL Inc. who has an estimated net worth of $400 million. In 1993, he graduated from Connecticut College with a double major in Economics and Sociology. He began his professional career by co-founding and running a newspaper which is based in Boston, Massachusetts.
Mr. Armstrong began accumulating his estimated net worth of $400 million as the Director of Integrated Sales and Marketing at Starware’s and Disney’s ABC/ESPN Internet Ventures. From 1998 to 2000, he served as the Vice President of Sales and Strategic Partnerships for Snowball Inc.
Tim Armstrong served as the President of Google America by Google Inc. He joined the global technology company in 2000 as the Vice President in Advertising Sales. In 2004, he was promoted to Vice President for Advertising and Commerce. He was named President of Google America in 2007 and later its Senior Vice President.
Since April 2009, Armstrong was named the Chairman and Chief Executive Officer of AOL, Inc. and has the intention to raise the company’s profile. As of December 31, 2010, he was the co-founder and initial investor in Patch Media Corporation, a news, information, and community platform business which was acquired by AOL in 2009.
Tim Armstrong serves on the board of directors of priceline.com Incorporated. He is also a trustee of Lawrence Academy and of the Paley Center for Media. He is a Chairman Emeritus of the non-profit organization, Ad Council. He is the founder of the United Football League and the owner of the Boston Blazers of the National Lacrosse League.