Chris DeWolfe Biography
Chris DeWolfe is an American entrepreneur and the former chief executive officer and co-founder (along with Tom Anderson) of the social networking service, Myspace.
During the rule of DeWolffs, MySpace received more than 135 million visitors worldwide every month. DeWolfe has challenged and reshaped the music label industry with the MySpace music area, which allows unsigned artists to distribute their own music for free, and has opened up the careers of several well-known musicians. Including Lily Allen and Sean Kingston. DeWolfe is currently the CEO of Jam City.
Chris DeWolfe Age
DeWolfe is about 55 years old as of 2021, he was born in 1966 in Portland, Oregon, United States. However, her birthday is publicly not available. We will update this section once this information is available.
Chris DeWolfe Height and Weight
DeWolfe stands at an average height. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We will update this section when the information is available.
Chris DeWolfe Education
DeWolfe went to Lincoln High School, then graduated from the University of Washington in 1988, where he was a member of the Beta Theta Pi fraternity. DeWolfe also has a master’s of business administration degree from USC Marshall School of Business. He was honored by the school as Alumni Entrepreneur of the Year in 2006.
Chris DeWolfe Parents
DeWolfe was born and raised by his parents in Portland, Oregon. Our efforts to find out more about his family came to no avail as no such information is publicly available. Thus, the identity of DeWolfe’s parents is still unclear. It is also not known if he has any siblings. We will update this section once this information is available.
Chris DeWolfe Wife
Сhrіѕ gаіnеd thе рublіс’ѕ аttеntіоn whеn hе wаѕ сlаіmеd tо bе hаvіng аffаіrѕ wіth Мr. Мurdосh’ѕ еntаnglеd wіfе Wеndі Dеng, wіth whоm hіѕ dіvоrсе nеgоtіаtіоnѕ wеrе gоіng оn. Вut ѕоmеhоw Сhrіѕ mаrrіеd hіѕ ѕсhооlmаtе Lоrrаіnе, but ѕооn іn thе уеаr 2010, thеу gоt dіvоrсеd. Сhrіѕ dеnіеd аll thе rumоrѕ rеgаrdіng hіѕ ех-bоѕѕ’ѕ wіfе.
Chris DeWolfe Salary
By now, most people know that News Corp acquired Myspace for $580 million. Prior to the sale, Myspace had been restructured several times resulting in a rather complicated equity shareholder pool.
First off, the company had received $15.3 million in early funding from a company called VantagePoint. Then, in February 2005, Myspace took on another $15.5 million from a company called Redpoint.
At the time of the Redpoint investment, 25% of the equity was set aside for six employees who were considered the founders of Myspace. This group included Tom Anderson and Chris DeWolfe who each sold $3 million worth of their equity to Redpoint.
There was one catch to the Redpoint investment though – If Redpoint was able to sell Myspace for greater than $125 million within one year, the founder’s stake would be limited at that $125 million valuations. That meant, when News Corp acquired Myspace for $580 million, the six founders received a combined $30 million.
According to the book “Stealing Myspace” by Wall Street Journal reporter Julia Angwin, DeWolfe and Anderson each took $10 million of that cut, leaving $10 million for the remaining four founders to split. DeWolfe and Anderson were then both given two-year $30 million contracts with News Corp. In the end, Redpoint made $44.5 million off their $15.5 million investment in less than a year.
VantagePoint made $139 million off their $15.3 million investment. In total, between cashouts, acquisitions, and salary, Anderson and DeWolfe both grossed roughly $40 million from the Myspace venture.
Chris DeWolfe Net Worth
DeWolfe has an estimated net worth of $50 million as of 2020. This includes his assets, money, and income. His primary source of income is his career as an entrepreneur. Through his source of income, DeWolfe has been able to accumulate good fortune but prefers to lead a modest lifestyle.
Chris DeWolfe Measurements and Facts
Here are some interesting facts and body measurements you should know about Chris DeWolfe.
Chris DeWolfe Wiki
- Full Names: Chris DeWolfe
- Popular As: DeWolfe
- Gender: Male
- Occupation / Profession: CEO of Jam City
- Nationality: American
- Race / Ethnicity: White
- Religion: *** or Not Known
- Sexual Orientation: Straight or Gay
Chris DeWolfe Birthday
- Age / How Old?: 55
- Zodiac Sign: Not Known
- Date of Birth: 1966
- Place of Birth: Portland, Oregon, U.S
- Birthday: Not Known
Chris DeWolfe Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: Not Known
- Weight: Not Known
- Eye Color: Blue
- Hair Color: Grey
- Shoe Size: Not Available
- Dress Size: Not Available
- Chest Size: Not Available
- Waist Size: Not Available
- Hip Size: Not Available
Chris DeWolfe Family and Relationship
- Father (Dad): Not Known
- Mother: Not Known
- Siblings (Brothers and Sisters): Not Known
- Marital Status: Divorced
- Wife/Spouse: Married to Lоrrаіnе
- Children: Not Available
Chris DeWolfe Net Worth and Salary
- Net Worth: $50 million
- Source of Income: CEO of Jam City
Chris DeWolfe House and Cars
- Place of living: Los Angeles
- Cars: Car Brand to be Updated
Chris DeWolfe Career
DeWolfe completed his vision of MySpace when he completed his senior year course “The Impact of Tech on Media and Entertainment.” In the latest project of its kind, DeWolfe has created a “Sitegeist” that mixes elements of CitySearch and Match.com with instant messaging.
DeWolfe won an A for his project and inspired him to create MySpace. DeWolfe participated in the sale of MySpace News Corporation for US$580 million in 2005 and served as its CEO until MySpace surpassed its competitor Facebook in March 2009. News Corporation on April 22, 2009.
It is announced that DeWolfe will resign as CEO, become a strategic advisor and join the board of directors of MySpace China. Nata succeeded him. In 2010, Austin Ventures approached DeWolfe and joined MySpace’s former colleagues Eber Whitcomb and Colin Digiaro to purchase the social gaming platform MindJolt.
In 2011, MindJolt acquired two other companies: mobile game development company Jam City and free online game network Hall Pass Media, becoming one of the few cross-platform sprint games. Jam City acquired video game developer Mob Science in June 2013.
In July 2015, Jam City announced that it had received a US$130 million investment from Netmarble Games, Korea’s leading mobile game publisher. In June 2015, DeWolfe won the Entrepreneur of the Year Award from Ernst & Young.
He has held important positions in many major publications such as The New York Times, USA Today, Fortune, and Business Week, and is also an investor in the travel website GoGoBot. In 2006, De Wolf was selected as one of the 100 Most Influential People by Time magazine.
In 2007, Barbara Walters named him one of the ten most interesting people, and in 2009 he won the Pioneer Award from the American Producers Association. De Wolfe is also part of the Los Angeles County Museum of Art is a member of the board of directors and is currently a member of the board of Woven Digital.
Frequently Asked Questions About Chris DeWolfe
Who is Chris DeWolfe?
Chris DeWolfe is an American entrepreneur and the former chief executive officer and co-founder (along with Tom Anderson) of the social networking service, Myspace.
How old is Chris DeWolfe?
DeWolfe is an American national born in 1966, in Portland, Oregon, U.S.
How tall is Chris DeWolfe?
DeWolfe stands at an average height, he has not shared his height with the public. His height will be listed once we have it from a credible source.
Is Chris DeWolfe married?
Сhrіѕ gаіnеd thе рublіс’ѕ аttеntіоn whеn hе wаѕ сlаіmеd tо bе hаvіng аffаіrѕ wіth Мr. Мurdосh’ѕ еntаnglеd wіfе Wеndі Dеng, wіth whоm hіѕ dіvоrсе nеgоtіаtіоnѕ wеrе gоіng оn. Вut ѕоmеhоw Сhrіѕ mаrrіеd hіѕ ѕсhооlmаtе Lоrrаіnе, but ѕооn іn thе уеаr 2010, thеу gоt dіvоrсеd. Сhrіѕ dеnіеd аll thе rumоrѕ rеgаrdіng hіѕ ех-bоѕѕ’ѕ wіfе.
How much is Chris DeWolfe worth?
DeWolfe has an approximate net worth of $50 million. This amount has been accrued from his leading roles in the business industry.
Where does DeWolfe live?
DeWolfe is a resident of Los Angeles, USA, we shall upload pictures of his house as soon as we have them.
Is DeWolfe dead or alive?
DeWolfe is alive and in good health. There have been no reports of him being sick or having any health-related issues.
Where is DeWolfe Now?
DeWolfe is pursuing his career in business. He is working as the CEO of Jam City.
Chris DeWolfe Social Media Contacts
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Reference:
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- Wikipedia
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- Youtube
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