Ben Horowitz's net worth is estimated to be approximately $3.5 billion.
Ben Horowitz's net worth stats
|Net worth:||$3.5 billion|
|Source of wealth:||Investing|
|Date of birth:||June 13, 1966|
|Place of birth:||London, England|
Ben Horowitz was born Benjamin Abraham Horowitz in London, England, to Elissa Krauthamer and conservative writer and policy advocate David Horowitz.
His great-grandparents were Jewish immigrants who arrived in the U.S. in the mid-19th and early 20th centuries. He was raised in Berkeley, California.
Ben Horowitz has a Bachelor of Arts in Computer Science from Columbia University and a Master of Science in Computer Science from the University of California, Los Angeles.
Horowitz married Felicia Wiley in 1988. The couple lives in Atherton, California with their three children.
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How did Ben Horowitz build his net worth?
Most of Ben Horowitz's comes from his stock portfolio and what he has earned through a successful career in selling off tech startups.
His net worth has also been boosted by holding top jobs in tech companies such as Netscape, AOL, Loudcloud (later Opsware), and HP. He is a co-founder and General Partner at Andreessen Horowitz, the venture capital firm he founded with Marc Andreessen.
Horowitz started his career as an engineer at Silicon Graphics. In 1995 Marc Andreessen invited Horowitz to Netscape to become a project manager. He later became a VP.
When AOL acquired Netscape in 1998, Horowitz remained the VP of AOL’s e-commerce division. After a year with AOL, Horowitz co-founded Loudcloud with Tim Howes, Marc Andreessen, and In Sik Rhee, becoming the new company's CEO. Loudcloud was a future-oriented company designed as a one-stop-shop for the internet needs of large businesses, providing infrastructure and application hosting. It went public in 2001 and transitioned to Opsware a year later. Its core managed services business was sold off to Electronic Data Systems for $63.5 million. After much success, Opsware was sold to Hewlett-Packard for $1.6 billion, with Horowitz becoming VP and General Manager of HP Software.
In 2009, Horowitz joined his long-time friend and partner, Marc Andreessen, to launch Andreessen Horowitz, a venture capital firm targeting high-growth tech startups.
Today Andreessen Horowitz invests in "seed to venture to late-stage technology companies, across bio + healthcare, consumer, crypto, enterprise, fintech, games, and companies building toward American dynamism." The company has over $35 billion in assets under management across its multiple funds.
Horowitz has held and continues to hold board positions on Medium, Lyft, Foursquare, Databricks, and many other companies.
He has written three books: "The Hard Thing About Hard Things," "What You Do Is Who You Are," and "Ben Franklin and His Notebooks." He blogs at a16z.com, the blog of Andreessen Horowitz.
How has Ben Horowitz spent his wealth?
In 2012 the six General Partners of Andreessen Horowitz and their families made a commitment to donate at least half of all income from their venture capital careers to philanthropic causes during their lifetimes. Ben and Felicia Horowitz's initial contribution went to Via Services. Other billionaires to make similar commitments include Warren Buffet, Bill Gates, and Mark Zuckerberg.
Ben Horowitz and his wife Felicia started The Horowitz Family Foundation, a grantmaking organization that supports other organizations providing social services to various groups of people. Together they have donated more than $17 million to the foundation.
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How rich is Ben Horowitz?
Ben Horowitz is a billionaire tech VC investor. His estimated net worth is approximately $3.5 billion.
Is Ben Horowitz a millionaire?
Ben Horowitz is a billionaire with an estimated $3.5 billion net worth.
Was Ben Horowitz born rich?
Horowitz's parents were affluent but did not have the same riches he now enjoys.