10 Millionaire Entrepreneurs Who Got Their Start With An App Idea
In 2010, Kevin Systrom and Mike Krieger came up with the concept of a photo and video-sharing social networking app. The app's main goal was to provide a communication platform where photographs and videos could speak for themselves. Currently, Mark Zuckerberg, the founder of Facebook, is the owner of Instagram, which has become one of the most popular and profitable app concepts. A Quick Overview of Instagram Instagram, which has 1.2 billion monthly active users (MAUs), is one of the most popular social media sites for 2021. Instagram, which began as a photo-sharing software, has evolved into one of the most popular social media platforms for social commerce in recent years. Instagram Reels, a new feature, suggests that the platform still has a lot of room to grow and expand. Systrom, Kevin a person's net worth Instagram made $9.45 billion in ad revenue in 2019. Instagram is expected to generate $18.16 billion in annual ad sales income by 2021. Kevin Systrrom has a net worth o...