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Niklas Zennstrom Net Worth

Niklas Zennstrom Net Worth

Net Worth: $480 Million

Statistics
  • Source of Wealth Internet (Skype,Kazaa)
  • Nationality Sweden

About Niklas Zennstrom

London-based Swede Zennstrom, 45, co-founded the Skype internet telephony operation and Kazaa. More recently he founded the investment group Atomico and has become a significant figurehead for entrepreneurs in the tech sector.He ceased to run skype in 2007 when new owner eBay wrote off £700m on its investment. Zennstrom later admitted that eBay had overpaid when it bought Skype for £1.5 billion in 2005.Zennstrom had a £225m stake and is making a success of internet television service Joost. Zennstrom has put money into Rovio Mobile, the Finnish company behind the successful phone game Angry Birds.After tax he is worth £320m according to the Sunday Times Rich List 2011.