Omegle shuts down: How much money video chat app made
Omegle, the video chat platform for interacting with strangers, is shutting down after 14 years.
Omegle was a favorite among teenagers as it didn't require age verification for login.
Experiencing significant growth during the Covid-19 pandemic, it reached its peak in December 2020.
Weekly, about 23.5 million global users visited Omegle to video chat with strangers across the globe.
Omegle amassed an annual revenue of $216 million, with a weekly income of $4.5 million.
The app earned $642,857 on a daily basis, translating to an hourly revenue of $26,786.
The impressive net worth of Omegle was estimated to be at $504 million.
Leif K-Brooks, the programmer behind Omegle, is estimated to have a net worth of $5 million.
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