Johnny Boufarhat
Johnny Boufarhat is an Australian-born British entrepreneur and businessman, best known for founding the virtual events platform Hopin in 2019. He came to prominence as one of the youngest self-made billionaires in the United Kingdom, reportedly achieving billionaire status at the age of 26.
Early life
Boufarhat was born in Sydney, Australia, to a Lebanese father who worked as a mechanical engineer and a Syrian-born Armenian mother who was an accountant. His family relocated to Dubai, United Arab Emirates, where he attended the Dubai American Academy.He later moved to the United Kingdom for his university studies, enrolling at the University of Manchester where he studied mechanical engineering and graduated in 2016. At university, he was described by peers as quiet and focused on his work.
Career
Health challenges and founding vision
After graduation, Boufarhat suffered from a serious allergic reaction that led to an autoimmune disorder, leaving him largely housebound for several months. During this period, he developed the idea for Hopin—an online events platform enabling people to meet, collaborate, and network virtually.Launch
In January 2019, Boufarhat officially launched Hopin. The company began as a small remote-first team and later set up its headquarters in London.Although the platform experienced a surge in demand in 2020 during the COVID-19 pandemic, as companies, schools, and conferences shifted to virtual operations. The company reached a peak valuation of $7.75 billion in August 2021. According to the Financial Times, Boufarhat sold about $195 million worth of his shares in the company. By 2022, Hopin had more than 800 employees in over 45 countries.
Departure
As demand for in-person events returned post-pandemic, Hopin underwent strategic restructuring.On 2 August 2023, Boufarhat stepped down as CEO of Hopin. He was succeeded by Josh Stein, the company's Chief Financial Officer.
Personal life
Boufarhat keeps a low public profile. He has spoken about following a carnivore diet, which he credits with helping manage his autoimmune condition. In 2021, Boufarhat resided in Barcelona. In 2022, Boufarhat became a resident of Switzerland. As of 2023, he splits his time between London and Barcelona.Boufarhat has been recognised in the Forbes 30 Under 30 Europe list in the technology category in 2022. He appeared in the Sunday Times Rich List in 2022 and 2023. Boufarhat's estimated net worth in 2023 was £1.714 billion.