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Reed Hastings Net Worth

Reed Hastings Net Worth 2020

Reed Hastings is a famous American philanthropist and Entrepreneur. He is the CEO, chairman, and co-founder of Netflix. He is also the board member of Facebook and various other NGOs. Not only he works for himself, but he is an advocate for the education reforms for charter schools. He also served as the former member of the California State Board of Education. He is a famous personality, and if you are interested in knowing the net worth of Reed Hastings in 2020, then you can read this article.

Early Life & Biography

Reed Hastings Net Worth 2020

He was born on 8th October in the year 1960 in Boston in Massachusetts to Wilmot Reed Hastings and Joan Amory. He used to go to Buckingham Browne School in Cambridge. He got entered Marine Corps for the officer training. He left the training and decide to work for the Peace Corps.

He completed his graduation from the Bowdoin College. He started teaching high school mathematics in Swaziland from the year 1983 to the year 1985. He has also attended the Stanford University from completed his master’s degree in the year 1998 with the subject computer science.

Personal Life

At present, he lives in the San Francisco Bay Area along with his wife and children. In the year 1995, he was featured on front page of a magazine by standing nearby his Porsche. In the year 2018, he had been protagonists for the podcast series. He is a great philanthropist and works for various charities. He is a person who doesn’t earn money for himself only but also loves to donate it to the poor or needy people.

Career, Awards & Nominations

He got his first job at the Adaptive technology, and he invented software for debugging. In the year 1991, he left the adaptive technology and made his own company named Pure Software. He used to belong to the engineering background which didn’t help him in doing the job as a CEO of the company.

In the year 1995, the Pure Software company was taken by Morgan Stanley. He founded Netflix with Marc Randolph in the year 1997. In the year 2007, Netflix streamed movies and Tv series on computers. He also had interests in other business fields too, and that’s why he is the board of director of Facebook from the year 2011. He has also worked as a board of member of Microsoft from the year 2007 to the year 2012.

Net Worth & Earnings

The net worth of Reed Hastings is around $4 billion which he has accumulated by working as a businessman, and he has worked on officer posts in various companies til now. He had invented software with which he has been able to add more money to his wealth. He has served as a board of directors for various companies till now. He is the founder of the Netflix which is used by the people of the world to see movies and TV series. By paying a decent amount, people can watch their favorite movies and TV series without any buffering.

When he sold Pure Software, there was nothing in front of him, but then he got himself enrolled in Standford Graduate school. Today, he is an active philanthropist who works for both politics and charter schools. In the year 2006, he also donated $1 million to open new charter schools. He has also argued for the elimination of the school boards which were elected at that time. He is the founder of famous software Netflix which is one of the famous software for watching films and series among the youth.