Abel Avellan (#817)
- $ 5 B
- telecoms
- United States
- M
- 55 Years
'A form of double taxation': Are management fees on new houses quietly getting out of control?
Trump Official Blames Biden Admin for Economic ‘Mess’ — As Resurfaced Clip Shows Him Saying Trump Would Own the Economy By 2026
Is Precigen, Inc. (PGEN) A Good Stock To Buy Now?
Is Transocean Ltd. (RIG) A Good Stock To Buy Now?
Tesla is selling Chinese-made cars in Canada to escape the tariffs that both China and America imposed on it
Insecurity didn’t start with Tinubu, group defends president’s security record
Vibrating pillow sleeve warns deaf sleepers of burglars and fires
How Kepler built verifiable AI for financial services with Claude
Is ASML Holding N.V. (ASML) A Good Stock To Buy Now?
5-Letter Words Ending in ‘Y’ to Help You Improve Your Wordle Skills
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.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Abel Avellan’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Abel Avellan’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $5.2B
(May 4, 2026)
© Iconic Billionaires