Ben Horowitz is an American businessman, blogger, investor, and author. When it comes to the tech world, he is no stranger as he is among the list of high technology entrepreneurs. As the co-founder and general partner of the venture capital firm Andreessen Horowitz, Ben has a net worth that will only leave you wishing that you had his life. To learn this and more, read on as this piece highlights the net worth of Ben Horowitz in 2020.
Early Life & Biography
Benjamin Abraham Horowitz was born on June 13, 1966, in London, England. He is the son of David Horowitz and Elissa Krauthammer. His father was a writer and policy advocate. His great-grandparents arrived in the U.S. in the mid-19th and early 20th centuries as Jewish immigrants from the Russian empire.
Horowitz attended Columbia University where he earned a BA in Computer Science in 1988. He is also a holder of an MS in Computer Science from UCLA which he attained in 1990.
Ben Horowitz married Felicia Wiley in 1988. The couple is has welcomed three children so far. The family currently resides in Atherton, California.
Career, Awards & Nominations
Ben Horowitz began his career in 1990 as an engineer at Silicon Graphics. He joined Marc Andreessen at Netscape in 1995 in the capacity of project manager. From 1997 to 1998, his career progressed, and he became Vice President for the Directory at Security Product Line at Netscape. In 1998, Netscape was acquired by AOL. Horowitz was once the Vice President of AOL’s e-commerce division.
The following year in September, Horowitz co-founded Loudcloud with Tim Howes, Andreessen, and In Sik Rhee. The company offered infrastructure as well as application hosting services to enterprise and internet customers such as Gannet Company, Ford Motor Company, Nike, News Corporation, among other large organizations. On March 9, 2001, Horowitz took Loudcloud public.
He then began a transformation of Loudcloud into Opsware in June 2002. Opsware was an enterprise software company. His first move was selling Loudcloud’s core managed services business to Electronic Data Systems for $63.5 million in cash. He was not only the president but also the Chief Executive Officer of Loudcloud and Opsware for the entire history of the company.
After he sold Opsware to Hewlett-Packard, Horowitz then served for one year at Hewlett-Packard as Vice President and General Manager in HP Software. Together with Andreessen, Horowitz launched Andreessen Horowitz on July 6, 2009. The company aimed at investing in and advise both early-stage startups and more established growth companies in high technology.
Net Worth & Earnings
Ben Horowitz is top on the billionaire’s circle with an estimated net worth of $3.5 billion. He has accumulated his wealth gradually, making his first fortune in 2007 when he sold Loudcloud to HP for $1.6 billion. As the co-founder of the successful venture capitalist firm, Andreessen Horowitz, Ben also earns a good amount of money.
As an entrepreneur in technology, Ben Horowitz has been able to build for himself a fortune that is unimaginable. With his company still running, one can only expect more millions to come in for this entrepreneur.