Chad Hurley is an American media mogul and business magnate, best known as the co-founder and former Chief Executive Officer of the popular video-sharing and streaming platform, YouTube and MixBit. The talented entrepreneur is also famous for being the co-owner of the NBA team, Golden State Warriors as well as the part-owner of Major League Soccer’s Los Angeles Football Club.
Prior to founding YouTube in 2005, Chad previously worked at eBay’s PayPal division where his task was primarily designing the original PayPal Logo. Along with two of his colleagues at PayPal, Steve Chen and Jawed Karim, Chad co-founded the video-sharing platform in 2005. Through his exploits, the Pennsylvania-born businessman was listed among the Business 2.0’s list of 50 People Who Matter in June 2006. Read on, as we take you through his biography and other interesting facts below.
Chad Hurley’s Bio (Age)
Born Chad Meredith Hurley on the 24th day of January 1977, the media mogul is a native of Reading, Pennsylvania. He is the second out of three children born to his parents – Joann and Don Hurley. He possesses American nationality and belongs to the white ethnicity.
Chad spent his early years in Birdsboro neighborhood of Pennsylvania where he attended Twin Valley High School. From a very young age, the media star had a knack for gadgets and electronic media; a passion which led him to join the Technology students association during high school. After his graduation in 1995, Chad made his way to the Indiana University of Pennsylvania where he obtained a B.A. in Fine Art four years later.
Soon after his graduation, Chad Hurley kicked off his professional career. At the initial stages of his career, he worked as a designer for eBay’s PayPal division. After spending a few years at the multi-national e-commerce firm, Chad along with his two colleagues – Steve Chen and Jawed Karim founded their own business and eventually left the company.
The trio put heads together to create the video-sharing platform, YouTube which was launched in 2005. Following the early success of their work, they sold the website to Google Inc. for $1.65 billion US dollars the following year. Afterward, Chad continued to serve as the CEO of the platform until 2010 when he resigned from his position.
A career-driven entrepreneur, Chad, and his crew also founded another company called MixBit in 2013. MixBit is a dynamic video editing app that works well with smartphones. After five years, MixBit was acquired by BlueJeans in 2018, hence changing its name to Zeen.
In addition to YouTube, Chad is also a big investor in sports. Notably, he is a co-owner of the NBA team, Golden State Warriors as well as the part-owner of Major League Soccer’s Los Angeles Soccer Club, among other businesses.
Chad Hurley came from a well-to-do American family and is the son of Joann and Don Hurley. He grew up along with his older sister named Heather as well as a younger brother named Brent. There is no much information regarding his family, including what his parents do for a living as well as his two siblings. However, we already know that his family is very caring and supportive of his career.
On the relationship front, Chad Hurley is a happily married man and the proud husband of Kathy Clark. Kathy is renowned for being the daughter of the Silicon Valley businessman named James H. Clark. The pair got hitched in the Year 2000 and has been together ever since. Although very little is known about his wife and family, it is already known that Chad and Kathy are parents to two children whose identities have not been revealed.
Chad Hurley’s Net Worth
The multi-talented media mogul has become one of the forces to reckon with in the American media industry, all thanks to his creative abilities. He has made fortune from his career and his job as a co-founder as well as former CEO of YouTube and MixBit. That said, it comes as no surprise that Chad Hurley has amassed a staggering net worth of over $355 million. In addition, he also earns a salary of over $4.5 million annually.
Other Facts About The Media Mogul
1. Asides his stints as the co-founder and former CEO of YouTube, Chad has equally established other businesses including Hlaska, a clothing brand which he founded in 1994.
2. Although Chad Hurley stepped down as the CEO of YouTube in 2010, he remained the company’s advisor.
3. After selling YouTube to Google Inc in 2006, Hurley got $345.6 million out of $1.65 billion realized from the sale.