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Nicholas Woodman Net Worth

How rich is Nicholas Woodman?

Nicholas Woodman net worth:
$990 Million

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Nicholas Woodman net worth, biography & wiki:

Nicholas Woodman net worth and wages: Nicholas Woodman is located in Woodside, California, and graduated in the University of California — San Diego having a diploma in Visual Arts. He began his own business after graduation, but nonetheless, it later folded. In 2002, he set off all over the world, surfing. While trying to photograph his surfing encounters, he developed the notion for an inexpensive camera which could shoot quality closeup footage, while being attached to the photographer’s own body. This resulted in the initiation of GoPro, as well as the GoPro camera. He understood he was on to something when a Japanese firm purchased 100 of them. Since that time, his sales have grown astronomically. The business sold 2.3 million cameras in 2012. On the very first day of trading, the organization soared 38% and reach a peak market cap of $3 billion. On the next day of trading, the stock soared another 20%, giving the firm a $3.25 billion dollar market cap. At that valuation, Woodman’s 45% position formally gave him a net worth $1.45 billion. In the pinnacle of GoPro’s stock operation,the business was worth $11 billion and Nick Woodmanwas worth $4.5 billion. Sadly the ride did not last eternally. GoPro’s stock eventually chose a large slide. In January 2016, GoPro declared it was laying off 7% of its work force after losing 80% of its share price.


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