What is Joel Simkhai’s Net Worth?
Joel Simkhai is an Israeli businessman and entrepreneur who has a net worth of $100 million. He earned his fortune because the founding father of the apps Grindr and Blendr. He bought nearly all of Grindr to a Chinese gaming firm for $250 million in 2018.
Joel Simkhai was born in Tel Aviv, Israel and moved to the United States when he was three years previous. He graduated from Tufts University in 1998 after which got here out to his mother and father. Simkhai got here from humble beginnings earlier than founding Grindr and serving as the corporate’s CEO. He left Grindr in 2018 when the corporate was bought by Kunlun Group Limited for $245 million over two transactions. Joel Simkhai has served as a constitution member of the Young Presidents’ Organization. Grindr was initially launched in 2009 and is a geosocial networking and on-line relationship software geared in direction of the LGBT neighborhood. Blendr was initially launched in 2019 as an internet relationship software primarily based on geosocial networking designed to attach like-minded individuals close to one another.
Real Estate: In 2017 Joel paid $10.5 million for a house within the Hollywood Hills. He listed this house on the market in August 2020 for just below $10 million.
In January 2020, Joel paid $13 million for a house in West Hollywood, California. Believe it or not, this was a steal. The house had beforehand been listed for $22.5 million.
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