Adam Bowen is a renowned entrepreneur and businessman established in America. He is the co-founder of Juul Labs, the electronic cigarette company. Moreover, Adam Bowen also serves as chief technology officer of the company.
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Who is Adam Bowen?
He is a famous American entrepreneur and businessman. Bowen completed his Graduation from Pomona College. Later he earned his MS from Stanford University. There he studied product design. Adam co-founded the company Juul Labs with James Monsees. The duo met each other in 2004 while studying at Stanford.
Adam Bowen, Founder of ‘Juul’
Congratulations NDP Adam Bowen!! https://t.co/Y3MFp49qWp
— Liza Caraballo-Suarez Ed.D. (@CaraballoSuarz) October 8, 2023
JUUL Labs Inc. is an e-cigarette company. Its headquarters is located in San Francisco, California. The company was founded by entrepreneur James Monsees in 2007. From 2015 to 2017, the organization was previously popular as PAX Labs Inc.
However, from 2007-2015, it was named Ploom Inc. On 13 June 2017, the company was finally renamed to JUUL Labs Inc.
In December 2018, a 35% stake in Juul was procured by Altria. The company employed around 1500 people generating a revenue of $2 billion. In 2019, the valuation of Juul reached $38 billion.
However, 6 months later, due to various controversies, the valuation dropped to $14 billion. Now James and Adam hold less than 2% of the stake in the company.
How Much is Adam Bowen’s Net Worth?
He is the famous American businessman and entrepreneur who co-founded Juul Labs with James Monsees and has a whopping net worth of $900 million in 2023, as reported by Celebrity Net Worth.
Adam Bowen serves as chief technology officer of Juul Labs as well. According to Forbes, In 2019, the net worth of Adam Bowen surpassed $1.1 billion. However, several months later he was dropped out of the billionaire club when the overall valuation of the company plummeted due to various controversies.
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|Education||Pomona College and Stanford University|
|Known for||Co-founder, Juul Labs|
|Net Worth||$900 million|
How much is Adam Bowen’s net worth?
Adam’s net worth is estimated at $900 million.
What is Juul Labs?
Juul Labs is a San Francisco-based e-cigarette company co-founded by Adam and James Monsees, previously known as PAX Labs Inc. and Ploom Inc.