Chad Hurley Biography
Chad Hurley is an American media mogul, co-founder, and former CEO of the video-sharing website YouTube and MixBit. In June 2006, he was voted 28th on Business 2.0’s “50 People Who Matter Now” list. In October 2006, he and Steve Chen sold YouTube for $1.65 billion to Google.
Hurley worked in eBay’s PayPal division one of his tasks involved designing the original PayPal logo before starting YouTube with fellow PayPal colleagues Steve Chen and Jawed Karim. He was primarily responsible for the tagging and video sharing aspects of YouTube.
Chad Hurley was born on 24 January 1977 in Reading, Pennsylvania, United States. He is 44 years old as of 2021.
Chad Hurley Net worth
Chad Hurley earns his income from his businesses and other related organizations. Also, he earns his income from his work as a media mogul, co-founder, and former CEO of the video-sharing website YouTube and MixBit. Besides, Chad also earns his income from the Awards industry. As a result, he has an estimated net worth of $ $400 million dollars.
Chad Hurley was born in Reading, Pennsylvania, the United States to Don Hurley (father) and Joann Hurley (mother). He has two siblings a brother and a sister Brent Hurley (brother). Although, he is the second child in his family.
Chad Hurley Image
Chad graduated from Twin Valley High School, Elverson in 1995. Later, he went on and received his B.A. degree in Fine Art from the Indiana University of Pennsylvania in 1999. He was a standout runner for Twin Valley High School’s cross-country program, which won two of its PIAA State titles with him as a member in 1992 and 1994. Furthermore, Chad was also a member of the Technology Student Association during high school. Since childhood, Hurley showed interest in the arts and became interested in computers and electronic media during high school.
Chad Hurley Wife
Chad got married to Kathy Clark
In 2005 Chad Hurley founded YouTube together with Steve Chen and Jawed Karim. On October 16, 2006, Chen and Hurley sold YouTube to Google Inc. for $1.65 billion. It was reported in the Wall Street Journal that Hurley’s share was $345.6M at Google’s February 7, 2007 closing stock price of $470.01. Therefore, he received 694,087 Google shares directly and another 41,232 shares in a trust.
YouTube’s other two co-founders, Steve Chen and Jawed Karim received 625,366 shares and 137,443 shares, respectively valued at $326.2M and $64.6M. The Journal’s report was based on Google’s registration statement with SEC filed on February 7, 2007. However, he stepped down as CEO of YouTube in October 2010 and stated he would stay on as an advisor of YouTube. Thus allowing Salar Kamangar to take over the CEO position.
Chad Hurley MixBit
In August 2013, Chad launched another company called MixBit which does video editing using smartphones. According to Steve Chen, it was Chad’s idea to turn Avos into MixBit even before the inception of YouTube.
The App resembles other famous short-video recording smartphone apps such as; Vine, Instagram, and Vyclone. Its limit of recording stretches up to 256 clips, each clip can be a maximum of 16 seconds long. It also features editing tools similar to its other competitor apps. Mixbit now Zeen was acquired by BlueJeans in August 2018.
Chad was involved as a major investor with the US F1 Team, one of the new entrants in Formula One automobile racing for the 2010 season. On March 2, 2010, the team’s personnel were dismissed from their duties and the team was unofficially shut down. Neither Hurley, team principal Ken Anderson nor sporting director Peter Windsor would comment on the team’s failure to make it to the grid.