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A comment on Australian Federal Police and FBI nab underworld figures using encrypted app. Parent comment

Re:Australian Federal Police and FBI nab underworld figures ... by jakub_g on Tuesday June 08, 2021 @02:46AM (#27431338)
$220M is not pocket money, but Durov's net worth is apparently $17.2B, so he could afford it for a few more years

https://www.forbes.com/profile/pavel-durov/

[ Parent | on HN ]
Re:Australian Federal Police and FBI nab underworld figures ... by stef25 on Tuesday June 08, 2021 @06:23AM (#27432863)
He was listed on the Forbes Billionaires List in 2021, with a net worth of $17.2 billion. His fortune is largely driven by his ownership of Telegram

- Wikipedia.

So billions from Telegram, a free app. What am I missing?

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Re:Australian Federal Police and FBI nab underworld figures ... by jakub_g on Tuesday June 08, 2021 @09:57AM (#27435281)
That's a valid point. It's free now but they do have some plans for monetization (ads in channels with huge numbers of subscribers etc.)
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Re:Australian Federal Police and FBI nab underworld figures ... by yawaworht1978 on Tuesday June 08, 2021 @05:38AM (#27432263)
Thanks for this, what about Moxie? Who covers those costs?
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Re:Australian Federal Police and FBI nab underworld figures ... by kenneth on Tuesday June 08, 2021 @05:52AM (#27432348)
Signal is funded by a $50M donation from Brian Acton, who made billions selling WhatsApp to Facebook.
[ Parent | on HN ]