Niklas Zennstrom Net Worth is$1.3 Billion
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Profession: Entrepreneur

Date of Birth: Feb 16, 1966

Nicknames: Niklas Zennstrom

Country: Sweden

Niklas Zennstrom is a well known entrepreneur and investor with a net worth of $1.3 billion. Niklas Zennstrom earned his net worth through his investments in skype, Kazaa and over thirty other companies. He was born in Sweden.
Niklas Zennstr"om (born 16 February 1966) is an entrepreneur best known for founding several high-profile online ventures with Janus Friis including Skype and Kazaa. More recently he founded the investment group Atomico and has become a significant figurehead for entrepreneurs in the tech sector.
Zennstr"om started his professional career at the European telecom operator Tele2. He went on to serve in various business development roles including launching and being responsible for European Internet Service Provider business get2net and as CEO of the everyday.com portal.
In 2001 Zennstr"om and Friis co-founded Kazaa, the peer-to-peer file sharing application. Niklas served as CEO and the program became the world's most downloaded Internet software in 2003. After lawsuits were filed by members of the music and motion picture industry in the USA, Kazaa was sold to Sharman Networks.
Zennstr"om then founded and served as CEO at Joltid, a software company developing and marketing peer-to-peer solutions and traffic optimization technologies. Zennstr"om also co-founded Altnet, the world's first secure peer-to-peer network promoting commercial content to consumers integrating promotion, distribution, and payment of digital content.
Zennstr"om and Friis' most notable success to date is Skype, a telephony company based on peer-to-peer principles. On 14 October 2005 Skype was acquired by eBay for EUR2.1 billion ($2.6 billion) plus the potential to earn further performance-based bonuses up to EUR1.2bn. Zennstr"om was CEO from Skype's inception until September 2007. During that time, Skype became the global leader in Internet voice communications with more than 309m registered users within five years of launch.
After the sale of Skype, Zennstr"om and Friis went on in 2007 to launch Joost, an online video distribution service (where Zennstr"om was co-chairman).
In 2009 Zennstr"om was part of the investment consortium that bought Skype from eBay and has now re-join

Niklas Zennstrom Latest News

Minoan : Daily Mail, London, Business Briefs column

Last month Cleo secured a £2million investment from sources including Skype founder Niklas Zennstrom and Entrepreneur First, an investment programme for technical founders. Customers can view their spending according to transactions, categories or merchants.
Posted: August 13, 2017, 12:42 am

British AI-driven Robo-advisor Cleo Raises £2m in Additional Funding

The round is led by LocalGlobe’s Robin Klein and Skype founder Niklas Zennstrom. Personal finance chatbots make a lot of sense for the future of financial transactions. These AI-driven solutions can integrate with customer bank account information ...
Posted: July 26, 2017, 1:00 am

After Skype, King, Mojang And Spotify; Here's What's Next From Stockholm

As Olle Zetterberg, CEO of Stockholm Business Region explained in an August 1 interview, “Niklas Zennstrom who founded Skype made an exit twice and he reinvested in Stockholm startups which drew capital from the UK and U.S. investors. He did not buy a ...
Posted: August 17, 2017, 10:28 am

Can FreedomPop Make a Business Giving Away Free Mobile Broadband?

FreedomPop, the start-up backed by Skype founder Niklas Zennstrom, says it is ready to begin testing its mobile broadband service. The company aims to give away 500MB of data each month and make money off various other services. Users can earn up to an ...
Posted: September 30, 2012, 4:11 pm

New app which lets you automatically save money, send cash to friends via Facebook and compare spending habits is valued at £400m

Last month Cleo secured a £2 million investment from sources including Skype founder Niklas Zennstrom and Entrepreneur First, an investment programme for technical founders. Customers can view their spending according to transactions, categories or merchants.
Posted: August 14, 2017, 2:36 am
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