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Abel Avellan

Abel Avellan

Abel Avellan (#903)

Global Rank #903
Country Rank #364
Country United States

Abel Avellan is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 5 B
  • telecoms
  • United States
  • M
  • 55 Years

Snapshot

Quick Facts

Global Rank #903
Country Rank #364
Net Worth $4.8B
Previous Worth $4.5B
Worth Change +$0.3B
Country United States
Industry telecoms
Age 55 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 10 Sep 2026, 12:00 AM
Residence Coral Gables, Florida
World Billionaires List United States Billionaires telecoms

Profile Data

Personal Stats

Age 55
Source Of Wealth telecoms, Self Made
Residence Coral Gables, Florida
Citizenship United States
Net Worth Change +$0.3B +6.7% from previous worth
Previous Net Worth $4.5B
Current Net Worth $4.8B

Worth as of May 4, 2026

About Me

Abel Avellan is the founder and CEO of AST SpaceMobile, which is building satellites that enable broadband connections directly to cell phones. Avellan was born in Venezuela, where he trained as an engineer. After college, we went to work for Swedish communications giant Ericsson. Avellan founded his first company, Emerging Markets Communications in 2000, which provided satellite communications to remote places. He sold Emerging Markets Communications in 2016 for $550 million, and used his share of the proceeds to found AST. AST SpaceMobile has contracts with Verizon, AT&T and Vodafone to provide connections to customers in areas without tower coverage.

Wealth Growth

Net Worth Growth Over Time

Tracking Abel Avellan's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $4.8B (May 4, 2026)

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