Chad Hurley Net Worth
Chad Hurley’s Salary
Chad Hurley’s previous position as the CEO of YouTube earned him over $34 Million dollar salary each year. In addition to this fixed salary, Chad Hurley was also entitled to a bonus of up to $10 million, based on YouTube’s revenue performance. Chad Hurley’s bonus was paid through cash and stock options.
Chad Hurley’s Investments
Chad Hurley has made several investments. He is a part-owner of the NBA’s Golden State Warriors and the MLS’ Los Angeles Football Club. On the 25th January 2021 Hurley announced on Twitter that he had become an investor at Leeds United, the English Premier League football club.
Chad Hurley’s Car Collection
The car collection of Chad Hurley is very huge. Jay Leno has over 20 cars in his garage that are worth millions of dollars. Chad Hurley’s idea for a car collection has started in 2008. Chad Hurley has recently bought a Lamborghini Aventador for $1 Million USD. Chad Hurley owns a Rolls-Royce Phantom that cost him $2 Million USD. A Few other cars owned by Chad Hurley are listed below.
Audi RS Q8Mercedes-Benz G-ClassRange Rover AutobiographyAston Martin DB11
Chad Hurley and Formula 1
Chaed Hurley was involved as a major investor with 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.
Chad Hurley’s Assets & Investments
Chad Hurley’s assets include 14 real estate properties, 8 Cars, 5 Luxury Yachts. Chad Hurley’s Assets Portfolio also includes Cash Reserves of over $42 Million. Chad Hurley also owns an investment portfolio of 10 stocks that are valued at $130 Million. A few of the stocks owned by Chad Hurley are listed below.
Chad Hurley & YouTube
Chad Hurley founded YouTube in 2005 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. He received 694,087 Google shares directly and another 41,232 shares in a trust. Chad Hurley stepped down as CEO of YouTube in October 2010 and stated he would stay on as an advisor of YouTube, allowing Salar Kamangar to take over the CEO position.
Chad Hurley’s House
Chad Hurley lives in his 12,300 square-foot luxury house located in California. Jay Leno has bought this property for a price of $49 Million dollars. The roof of this house is low, and triangular, but one side is longer than the other and is covered with redwood shingles. Two small chimneys poke out the center of the roof. Several long, thin windows let in plenty of light to the rooms below the roof.
Chad Hurley & MixBit
In August 2013, Hurley launched another company called MixBit which does video editing using smartphones. 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 maximum 16 seconds long. It also features the editing tools similar to its other competitor apps. Mixbit now Zeen was acquired by BlueJeans in August 2018.
