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AppLovin shares plunge 53.8% in 2026, cutting CEO Adam Foroughi’s wealth

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  • AppLovin CEO Adam Foroughi lost $13.5 billion as the company’s shares fell in 2026.
  • AppLovin stock is down 53.8% year to date, the S&P 500’s third-worst performance.
  • Foroughi’s net worth is now $11.6 billion, versus $25.1 billion at 2025’s end.
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