SURFER RIDES BILLION-DOLLAR GOPRO WAVE
Tuesday, 15 January 2013

A plan hatched 10 years ago at some of Australia and Indonesia's best beach breaks has delivered a billion-dollar fortune to a 36-year-old American who just wanted to find a better way to film himself and his friends surfing great waves.

Nick Woodman is the founder and CEO of GoPro, a wearable camera produced by Woodman Labs that can capture footage for cyclists as they whiz down a mountain, surfers as they tackle two-metre waves, or even drivers as they zip around a racetrack.

Late last month, technology company Foxconn purchased 8.88 per cent of Woodman's camera company for $US200 million ($A189.9 million). Woodman is believed to be the majority owner so even if he owns a minimum of 51 per cent of the company he is now America's newest billionaire, worth at least $US1.15 billion.

READ THE FULL ARTICLE . . . here.




<< PREVIOUS     PRINT     NEXT >>


About Us >> Contact Us >> Terms & Conditions >> Unsubscribe >> Copyright Surf Media Pty Ltd