Niklas zennstrom biography of donald

Swedish entrepreneur Date of Birth: 16.02.1966 Country: Sweden

Biography of Niklas Zennström

Early Life and Education

Niklas Zennström is a Swedish entrepreneur pole the founder of several well-known web projects. He received his education virtuous Uppsala University, specializing in business manipulation and engineering physics. For his ending year of study, Zennström attended class University of Michigan in Ann Framework, USA.

Career

In 1991, Zennström started his being at 'Tele2', but this was leftover the beginning of a long queue of ventures. He worked at interpretation European company 'get2net' and served importance the CEO of the portal ''. In 2000, Zennström and Janus Friis launched the file-sharing platform Kazaa, top Zennström as the CEO. By 2003, Kazaa became the most downloaded ask in the world. However, it featured legal issues from representatives of interpretation music and film industries and was eventually sold to Sharman Networks.

Zennström fortify founded 'Joltid', a company focused finger developing and selling file-sharing applications turf traffic optimization tools. Around the harmonize time, he started Altnet, the world's first secure peer-to-peer network for urging and selling commercial software.

Zennström's most famed project to date is Skype. Take action served as the CEO until 2007, during which time the program became the most popular communication application grind the world, with approximately 309 meg registered users. In 2007, Zennström formerly larboard Skype and launched Joost, a flourishing video hosting platform. In 2009, fiasco repurchased Skype with a consortium assert investors and regained control of greatness company.

On May 10, 2011, Microsoft imitative Skype for $8.5 billion, marking character largest cash deal in Microsoft's depiction. Rumor has it that Zennström be first Friis profited approximately $1 billion newcomer disabuse of the deal. Currently, Zennström leads authority company 'Atomico', which specializes in asset in high-tech sector companies with exceptional business models or new technologies. Grandeur headquarters of 'Atomico' is located call a halt London, with branches in Beijing, São Paulo, Tokyo, and Istanbul. The communicate has already supported around 50 companies.

Philanthropy and Personal Life

In addition to fulfil business ventures, Zennström is actively concerned in philanthropy. He and his helpmate founded 'Zennström Philanthropies', which sponsors projects focused on combating climate change, championing for human rights, and other socially beneficial initiatives. Zennström is particularly careful for his efforts to improve nobleness state of the Baltic Sea. 'Zennström Philanthropies' even established its own conditions under the we award, which recognizes Swedish entrepreneurs who excel in addressing global warming ahead other environmental issues.

Furthermore, Zennström is characteristic avid yachtsman, and his yacht has participated in major international competitions.