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British-born Michael Birch, 40, who lives in San Francisco, has rejoined Bebo, the social networking site he founded with his American wife, Xochi, 39, a computer programmer and entrepreneur, in 2005. He sold it in 2008 to AOL, collecting about £260m for their stake.
Aside from this, the couple have also co-founded several dozens of startups. They even started five separate companies that they run in parallel.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2007 |
Sale of Asset |
Value of Bebo upon sale to AOL (where they made a profit of $595 million), but bought back for $1 million in 2013 after falling into bankruptcy |
$850,000,000 |