AI

Timothy Young Net Worth, Income, and Assets

Timothy Young is an entrepreneur based in San Francisco, California. He presently serves as the Chief Executive Officer (CEO) of Jasper AI. Jasper is a marketing AI unicorn, a company that crossed $1 billion in revenue without being listed on any stock exchange. 

He said, “Jasper was one of the first to make AI accessible to go-to-market teams and continues to raise the bar for what enterprises can expect out of this transformational technology. I’m eager to help shape this vision as CEO and lead the company into its next chapter.”

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Young replaced Dave Rogenmoser, the company’s co-founder, as CEO in 2023. Before joining Jasper AI, Young used to be the president of Dropbox. According to Wallmine, Timothy Young’s net worth is approximately $66 million. 

Education

Timothy Young went to the University of California, Riverside, for his higher studies, where he studied computer science. He was enrolled at the university from 1999 to 2003 and then left to start Socialcast.

Socialcast is a social networking platform that provides secure internal communication and collaboration for large organizations. It was acquired by VMware for over $100 million in 2011. 

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Career

In 2002, Young founded Propel Media Group / Event Robot, an initiative that started with Interscope Records and evolved into Socialcast, which was then bought by VMware for $100  million in 2011. 

In December 2009, he founded about.me, a platform that simplifies personal online presence. This venture was later acquired by AOL in December 2010. Young then served as an Adjunct Professor at UC Irvine from Mar 2009 to Nov 2011, leading a course called “Edge.” He founded Hidden Hand Capital in 2015, of which he is still a part 

After selling SocialCast, he joined VMware as the Vice President of Product & Engineering. In this role, he managed global engineering and product teams. After leaving the organization, he moved on to Dropbox, wherein he assumed the position of SVP & GM, of Products. Young was then promoted to President in October 2020. 

At present, Timothy Young is the CEO of Jasper AI, a role he assumed in September 2023. 

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Timothy Young’s Net Worth

According to Wallmine.com, Timothy Young’s net worth today is $66 million. After selling DropBox shares for over $10,151,303 during the previous four years, he owns over 15,000 units of Dropbox Inc. stock, which is valued at over $35,619,313. According to the website, his salary was more than $20 million as the CEO of Dropbox. 

However, we would like to add that the website has not been updated since Timothy Young became Jasper’s CEO, so it is plausible that his net worth and assets may vary. 

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Who is the current CEO of Jasper AI?

The current CEO of Jasper AI is Timothy Young. Young served as the President of Dropbox prior to joining Jasper.

What is the net worth of Timothy Young?

It is estimated that the net worth of Timothy Young is around $66 million. According to a source, he received $20 million as salary when he was the President of Dropbox

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Tech Chilli News Desk is a conglomeration of Tech enthusiasts who are committed to delving deep into the evolving new-age technology of Web 3.0, Artificial Intelligence (AI), Robotics, Fintech, Crypto and more. This desk brings the latest information on Digital Transformation through use cases, implementations, coverage, case studies, reporting and deep analysis.

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