Yahya Mokhtarzada is a prominent business leader, entrepreneur, and co-founder who gained notoriety for creating the personal finance software Truebill, which is currently known as Rocket Money. His business career has been characterised by creative endeavours and well-publicized exits, such as the billion-dollar sale of Truebill. In addition to highlighting his commercial achievements, Yahya’s narrative also reveals his strong devotion to his family, mentoring, and providing chances for upcoming business owners.
Early Life and Family Background
Yahya Mokhtarzada was reared in a multicultural home in Silver Spring, Maryland, where she was born. In pursuit of a safer life in the United States, his parents—an Afghan father and a Turkish mother—left Afghanistan during the Soviet invasion. Yahya and his three brothers, Haroon, Zeki, and Idris Mokhtarzada, were greatly impacted by the business-mindedness of their parents.
The early years of the family were characterised by perseverance and hard work. Yahya’s parents provided a pleasant upbringing for their kids by operating a passport and visa issuance business out of their basement. Yahya and his siblings would later be motivated to start businesses from such low starting points by this home-based company strategy.
Age and Education
Yahya attended the University of Maryland after graduating from Montgomery Blair High School, while it is unknown exactly when he was born. He received a strong education in technology and entrepreneurship, which prepared him for his commercial endeavours with his brothers. The Mokhtarzada brothers stayed in close contact with their university of origin, investing in the Mokhtarzada Hatchery, a startup incubator for students, and supporting entrepreneurship initiatives.
Career
Yahya’s entrepreneurial career started in 2001 when he and his brothers co-founded the website-building platform Webs.com. With no prior coding experience needed, users could develop websites using this platform, which quickly gained popularity and accumulated over 50 million users. When Webs.com was purchased by Vistaprint in 2011 for $117 million, Yahya achieved his first significant commercial success.
The brothers Mokhtarzada started Truebill in 2015, starting it out in their basement. The software sought to solve two prevalent issues in today’s world: undetected subscriptions and uncontrolled costs. With Truebill, consumers could easily keep tabs on their expenses, terminate pointless services, and bargain for cheaper bills. Over 2 million people used the platform, saving them millions of dollars in cancelled subscriptions as its popularity expanded quickly.
Rocket Companies paid $1.275 billion to acquire Truebill in 2021, rebranding it as Rocket Money. Yahya is currently Rocket Money’s Chief income Officer (CRO), where he is responsible for growing income and adding new features to the app.
Yahya loves to mentor aspiring business owners in addition to his own endeavours. He makes active investments in startups and provides early-stage businesses with advice on how to grow successfully. Yahya and his brothers continue to encourage entrepreneurship at their alma university and have invested in over 100 firms.
Height and Weight
Yahya Mokhtarzada is noted for keeping a polished yet personable manner in both public and business appearances, despite the fact that his precise height and weight are not known to the general public.
His emphasis on creating enterprises and coaching business owners has brought him attention, particularly in the wake of Truebill’s success.
Net Worth
Yahya’s exact net worth is unknown, however the $1.275 billion sale of Truebill suggests he has significant personal wealth. Yahya continues to make money as the Chief Revenue Officer of Rocket Money and through investments in several startup companies, in addition to his portion of the acquisition.
Bio Summary
Category | Details |
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Full Name | Yahya Mokhtarzada |
Birthplace | Silver Spring, Maryland, USA |
Age | Exact birth year not disclosed; Estimated to be in his 30s or early 40s based on career timeline |
Nationality | American |
Ethnicity | Afghan-Turkish |
Parents | Turkish mother and Afghan father; fled Afghanistan during Soviet invasion |
Siblings | 3 Brothers: Haroon, Zeki, and Idris Mokhtarzada |
Education | Montgomery Blair High School; University of Maryland |
Notable Ventures | 1. Webs.com: Website-building platform sold to Vistaprint for $117M 2. Truebill (Rocket Money): Acquired for $1.275B |
Current Position | Chief Revenue Officer (CRO) of Rocket Money (formerly Truebill) |
Entrepreneurial Focus | Mentors startups and invests in early-stage companies; supports entrepreneurship at University of Maryland |
Major Achievements | Co-founded multiple ventures; Truebill acquisition marked a significant $1.275 billion exit |
Relocation | Truebill headquarters moved from San Francisco back to Silver Spring, MD in 2019 |
Height | Not publicly disclosed |
Weight | Not publicly disclosed |
Net Worth | Undisclosed, but influenced by the billion-dollar sale of Truebill |
Personal Philosophy | Advocates immigrant entrepreneurship and supports community growth through investments |
FAQs
What is Yahya Mokhtarzada known for?
Yahya is known for co-founding Truebill, which was acquired by Rocket Companies for $1.275 billion.
What businesses has Yahya Mokhtarzada launched?
Yahya co-founded Webs.com and Truebill, both of which were acquired by major companies.
Where did Yahya Mokhtarzada grow up?
Yahya was raised in Silver Spring, Maryland, where his family settled after leaving Afghanistan.
What role does Yahya Mokhtarzada currently hold?
Yahya serves as the Chief Revenue Officer of Rocket Money (formerly Truebill).
What is Yahya Mokhtarzada’s connection to the University of Maryland?
Yahya is an alumnus and supporter of the university, where he and his brothers established the Mokhtarzada Hatchery to nurture student startups.
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