Reid Garrett Hoffman Net Worth

How rich is Reid Garrett Hoffman?

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You should likely be thanking this guy as because of him now you can utilize the successful website that’s helped a lot of people to stay connected- LinkedIn. Yes! This post is about Reid Garrett Hoffman. He was born on 5th August in the year 1967 and since this guy has invested in many startup enterprises which have proved to achieve success for him. If you’re trying to find job opportunity and needs to make company connection use the website founded by Reid. Folks call Reid networking expert as he’s invested in nearly every social networking site you need to have heard about.

Reid Garrett Hoffman Net Worth $3.4 Billion Dollars

An effective investor, executive at PayPal, creator along with CEO of LinkedIn and an entrepreneur he could be counted among the wealthiest guys on our planet. He did his high school from The Putney School. During Reid’s school days he farmed maple syrup, analyzed for epistemology and drove oxen. During his days at Stanford he got Dinkelspiel Award as well as received the Marshall Scholarship. Reid needed to create impact on the society and he realised that profession in teaching or bering a professor will not help him to reach his aim. So eventually with that aim in mind, in the year 1994, he joined Apple Computer. Reid is regarded as among the most victorious angle investor and through these investments he’s managed to bring in a net worth of 3.4 billion US dollars. Besides this huge portion of private share, he also got a little bit in the share Greylock Partners have in dot.com company. Since then the shares of his business has multiplied six times. Besides that, his other sources of income are the investments he’s made in distinct networking firms. Folks call Reid among the most productive and successful investor one might have found in previous few decades. In accordance with the CEO of SurveyMonkey, David Goldberg Reid “is the man you would like to speak to if you are beginning a business”. Reid has till date made investment in around 80 startups. Reid in the year 2010 joined Greylock Partners and now he’s running the person’s dollars seed Fund. In the first round of financing in the Zynga business, Reid made a private investment along with he joined the manager of boards that time. Himself possesses a six level patent in the business which has a marketplace cxapitalisation of around 2.48 billion along with the CEO of the firm, Mark Pincus. Besides investing in these firms, he’s additionally invested in Flicker, Care.vom, SixApart, Labeled, Digg, Knewton, Last.fm and a lot more. Hoffman is among the board members in many people along with private companies.

Reid was the member of founding managers of the electronic money transmission website called PayPal. In the year 2000 after leaving SocialNet himself became the COO of PayPal. Himself commanded over the outside connection the firm had, business development, and legal and government problems. It was established in the year 2003 and it was the first buiseness concentrated on-line website. It’s around 187 million users all around the world by the year 2012. As stated by the reports of 2011, he possesses a position worth 2.34 billion US dollars in the business which doesn’t contain the gains he’s for being the partner of Greylock Partners. In the year 2012, himself was rated on the third place on the list of Top technology Investor by released by Forbes. In the year 2012, for his work and contribution in progress of technology sector he was given David Packard Medal of Accomplishment by Tech America.

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