Adam Bowen Net Worth 2024
Adam Bowen net worth: Adam Bowen is an American businessman and entrepreneur who has a net worth of $1.1 billion. Adam Bowen is the co-founder of electronic cigarette company Juul Labs and also serves as the company's chief technology officer. He graduated from Pomona College and then earned an MS from Stanford University where he studied product design. He co-founded the company with James Monsees. Altria purchased a 35% stake in Juul in December 2018 which increase his net worth. Juul was formed in 2015 and is headquartered in San Francisco, California. The company had a revenue of $2 billion in 2018 and also employed 1,500 people. The Juul e-cigarette packages nicotine salts from leaf tobacco into cartridges that have a one time use. It became the most popular e-cigarette in the U.S. but has been subject to multiple investigations by the U.S. Food and Drug Administration partly due to its high nicotine concentrations.