· kevin systrom is the 31-year-old co-founder of instagram , the photo-sharing app that helped define a generation. Thats according to a report by wired, which cites sources. Reports say systrom will make $ 400 - million in the deal. Is instagram ceo kevin systrom a billionaire? He opted to take mostly facebook stock as part of the deal, giving him a net worth of approximately $ 400 million right after the sale. When instagram was acquired, kevin systrom was a 27 -year-old founder and owned 40% of the company. · instagram chief executive kevin systrom just netted $ 400 million for selling his two-year-old startup to facebook for $1 billion. Since he took mostly facebook stock, he was left with a paper net worth of $ 400 million. How much money does instagram make a year? · at the time of the acquisition, instagram had only 13 employees, and kevin systrom, who owned 40% of the company, was 27 years old. Under systrom as ceo , instagram became a fast growing app, with 800 million monthly users as of september 2017. · kevin systrom is the cofounder and ceo of instagram , which facebook just acquired for $1-billion. How much money will systrom make if he buys instagram? In july of 2012, facebook acquired instagram for $1 billion in cash and stocks. [4] he resigned as the ceo of instagram on. Here are some of the best questions and on-record-answers with silicon valleys newest $ 400 - million man.
