Noel Biderman is the CEO of Avid Life Media Inc. and he has an estimated net worth of $100 million. He was appointed President of the company in 2007. He also owns Ashley Madison, an online dating service and social networking service marketed primarily to people who are already in a relationship. It was founded in 2001 and goes with the slogan “Life is short. Have an affair.”
Biderman used to be the Chief Operating Officer of the Magnolia Stone Corporation, the former operator of AshleyMadison.com, before he joined the Avid team. The site was later sold to Avid Life Media and Biderman followed where he became the President of the new parent company.
While working with the website, Noel Biderman has led AshleyMadison.com to be the fastest growing married dating website in the world. Since he was named the president, the company has been in a 300% growth. With his contribution, he was named the President and CEO in mid-2010. He has been referred to as the “King of Infidelity” and has published a book called Cheaters Prosper: How Infidelity Will Save The Modern Marriage.
Before working in the online business, Mr. Biderman used to be a sports attorney with Interperformances Inc., one of the largest sports management firms in Europe and North America. He has managed 45 athletes around the world while he was the Managing Director of the company’s Canadian operations. He holds a law degree from Osgoode Hall Law School.