Jared Grusd Net Worth
Jared Grusd is an American businessperson and strategist. He is currently the Chief Strategy Officer at Snap Inc. He also serves as Senior Advisor to the company’s CEO. Grusd is a graduate of Harvard-Westlake School and the University of Pennsylvania. He received his Bachelor of Arts degree in 1997 and went on to study law at the University of Chicago Law School. In addition, he received his Master of Business Administration from Columbia Business School.
After landing a role as Chief Strategy Officer at Snap, Grusd has earned a huge amount of money. The social media company’s shares have risen more than 500% in a year on massive ad revenue and user growth. As a result, the company’s executives are living like lottery winners. In 2018, Grusd and his wife bought a house in The Summit, a guard-gated community between Beverly Hills and Studio City.
Grusd’s net worth is estimated to be more than $4.5 million. The majority of his money is derived from his shares in Snap. Grusd received nearly $27 million in total compensation last year, the majority of which was in the form of stock awards. In 2016, he also left Snap as associate general counsel to become general counsel at Thorn, a nonprofit co-founded by Ashtuck and Demi Moore that develops software to protect children from sexual abuse.
Grusd’s Snap Inc stock is worth over $28 million. He has traded 52,810 units over the last four years. As of 19 January 2021, he is worth $68 million. Grusd earns $20,489,900 as the Chief Strategy Officer of Snap Inc.
Jared Grusd has been a strategic adviser to Snapchat CEO Evan Spiegel since 2013. He previously served as CEO of HuffPost and was hired by Spiegel as a chief strategy officer. The 90210 mansion was not officially listed but realtors privately marketed it for $25 million. Grusd has been seen buying properties worth over $18 million.