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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.
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