What Is Tim Armstrong's Net Worth and Salary? Tim Armstrong is an American businessman who has a net worth of $250 million. The former President of Google America, Tim Armstrong, took over as CEO and Chairman of AOL, Inc. in 2009. Tim was instrumental in selling AOL to Verizon in 2015 for $4.4 billion. He remained at Verizon until 2018. Despite the fact that Verizon eventually wrote down 50%...