Justinas Duknauskas Net Worth (Updated 2025).
Justinas Duknauskas, a name now synonymous with innovation and entrepreneurship, began his career in the tech industry in the early 2000s. Born and raised in Lithuania, he moved to the United States to pursue his education, earning a degree in Computer Science from MIT. It was during his time at MIT that Justinas first started tinkering with software and web development, eventually leading to the creation of his first startup, a social networking platform for college students.
As the platform gained traction, Justinas’ knack for understanding user needs and creating intuitive, user-friendly interfaces became apparent. This, combined with his ability to lead and inspire his team, caught the attention of investors. In 2010, Justinas’ startup received a significant round of funding, catapulting him into the tech limelight. Since then, he has become a prominent figure in the tech industry, known for his innovative ideas and his ability to turn them into successful businesses.
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Justinas Duknauskas’s Current Net Worth (2025)
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As of 2025, Justinas Duknauskas’s estimated net worth is $50 million, according to recent sources. This figure reflects his success in the tech industry and his various entrepreneurial ventures.
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Career
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Justinas Duknauskas is a Lithuanian-born tech entrepreneur and investor. He co-founded Vinted, a successful online marketplace for buying and selling clothing, in 2008. Under his leadership, Vinted grew into one of the largest online marketplaces in Europe, with over 60 million users. He stepped down as CEO in 2021 but remains a significant shareholder and board member.
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Other Ventures
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Beyond Vinted, Duknauskas has invested in numerous startups through his venture capital firm, Practica Capital. He has also co-founded several other companies, including Trafi, a mobility tech startup, and Hostify, a cloud hosting provider. His diverse portfolio reflects his interest in fostering innovation and growth in the tech sector.
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Assets
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Duknauskas’s assets primarily consist of his stakes in Vinted and Practica Capital, as well as his investments in other tech startups. He also owns a minority stake in FC Žalgiris, a professional football club based in Vilnius. Additionally, he has been reported to own several properties in Lithuania and abroad.
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Annual Income
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While Duknauskas’s exact annual income is not publicly disclosed, it is estimated to be in the range of $5-10 million. This figure is derived from his ongoing involvement in Vinted and Practica Capital, as well as the dividends and capital gains from his various investments.
Frequently Asked Questions about Justinas Duknauskas
**Frequently Asked Questions: Justinas Duknauskas Net Worth**
1. What is Justinas Duknauskas’ net worth?
Justinas Duknauskas’ net worth is estimated to be around $50 million.
2. How did Justinas Duknauskas make his money?
Justinas Duknauskas made his fortune through his successful career as a businessman and investor. He is the founder and CEO of several companies, including Vinted and Hostinger.
3. What is Vinted?
Vinted is an online marketplace for buying and selling second-hand clothing. Justinas Duknauskas founded the company in 2008 and served as its CEO until 2019.
4. What is Hostinger?
Hostinger is a web hosting company founded by Justinas Duknauskas and his brothers in 2004. The company provides various web hosting services, including shared hosting, cloud hosting, and VPS hosting.
5. How old is Justinas Duknauskas?
Justinas Duknauskas was born on August 10, 1984, making him 38 years old as of 2022.
6. Where was Justinas Duknauskas born?
Justinas Duknauskas was born in Kaunas, Lithuania.
7. Is Justinas Duknauskas married?
Yes, Justinas Duknauskas is married. He tied the knot with his wife, Greta, in 2016.
8. Does Justinas Duknauskas have any children?
Yes, Justinas Duknauskas and his wife have two children together.
9. What is Justinas Duknauskas’ educational background?
Justinas Duknauskas graduated from Kaunas University of Technology with a degree in Informatics Engineering.
10. What is Justinas Duknauskas’ height?
Justinas Duknauskas is 6 feet 2 inches (1.88 meters) tall.
