Arash Ferdowsi is a famous Iranian-American entrepreneur who has an estimated net worth of $1 billion. He is widely renowned for being co-founder of Dropbox. Dropbox is a file-sharing and storage-providing software.
There are tons of other questions about Arash Ferdowsi. So, go through the article to know some more fascinating information about him. Explore how Ferdowsi led his life to become an entrepreneur and a multi-millionaire.
Also, learn some amazing facts, including Ferdowsi’s biography, education, early life, personal life, and many other things.
How much Arash Ferdowsi make per year?
Arash Ferdowsi made $2 million in a year as a co-founder of a company on average.
Ferdowsi made most of his money through Dropbox software. Besides, he owned more than 100 thousand units of Dropbox, whose current prize is 723 thousand dollars. Moreover, he earned not less than 71 million dollars in four years by selling the Dropbox units.
What does Arash Ferdowsi do?
Arash Ferdowsi is a talented businessman. He is currently working as a board of directors in the Dropbox company. Here, he worked as the head technology officer. All the possible sources of income have been given below to know better at a glance:
How much Arash Ferdowsi earn as an entrepreneur?
After dropping from MIT, Ferdowsi went to focus on Dropbox. In 2007, he co-founded the company and became the chief technology officer. As an officer, he earned more than 100 thousand dollars because it became pretty popular online marketing.
Additionally, in 2017, Ferdowsi became one of the members of the board of directors. From here, he made more than 1 million dollars. However, in just four years of his business, he sold many units of Dropbox and made $71 million.
How did Arash Ferdowsi become successful?
According to Forbes, in 2007, Arash Ferdowsi launched his software, Dropbox, with Drew Houston while studying at MIT. But in 2018, the company became well-known to the public. Since then, this company has had more than 500 million users. That is how Ferdowsi became successful.
Why is Dropbox so successful?
There are many reasons why Dropbox is successful in this competitive world. Dropbox is a popular cloud storage service provider. It helps people to share and save their information in their cloud storage.
Moreover, when Arash Ferdowsi and Drew Houston launched Dropbox in the market, most companies would not know how cloud platforms worked. So, they became quite successful from it. Dropbox gave 2 GB for using the storage. At that time, 2 GB was a lot of space.
In addition, in this competitive world, people like to get difficult things in easy ways. Dropbox gave them the exact item.
Biography of Arash Ferdowsi
|Full Name||Arash Ferdowsi|
|Professional Name||Arash Ferdowsi|
|Date of Birth||7 October 1985|
|Place of Birth||Overland Park, Kansas, United States of America|
|Net Worth||$1 billion|
The Early Life of Arash Ferdowsi
On 7 October 1985, Arash Ferdowsi was born in Overland, Kansas, United States of America. Besides, he grew up in his hometown. Since Ferdowsi’s childhood, he has been one of the most intelligent students in the school.
Arash Ferdowsi’s father’s name is Gholam Ferdowsi, who was a mortgage broker, and his mother’s name is Tahmineh Faridazar. His parents moved to the US at the time of the Iranian Revolution in 1979. While studying at the University of Central Missouri in 1984, Ferdowsi’s parents married.
Ferdowsi went to Blue Valley Northwest High School. A couple of years later, he joined the Massachusetts Institute of Technology under the Department of Computer Science and Electrical Engineering.
Arash Ferdowsi and Drew Houston made software while they were studying. To focus on his business, Ferdowsi dropped out of the University.
Drew Houston is an American businessman. However, he and Arash Ferdowsi launched a software named Dropbox in 2007. Moreover, Drew Houston owns 25 percent of the Dropbox Company’s interest.
According to Business Insider, Arash Ferdowsi and Drew Houston were studying at the Massachusetts Institute of Technology. Then, Drew Houston made a demo video for Dropbox. After their two hours-long conversations, Ferdowsi decided to drop out of the University to focus on their business.
Dropbox is not suitable for business. Because it has no visibility and control, Dropbox’s admin cannot control the users who are syncing files. So, if any sensitive information gets leaked, the admin cannot do anything to access it.