Linus Torvalds is a renowned and one of the most influential software engineer who is a Finnish-American. He has been mainly known for creation and development of an operating system known as Linux. In addition to this, he also has several other software’s which he has created. With his success in his career, he has won many awards due to his high contribution to the computer and technology field. Today, let’s have a close look at the net worth of Linus Torvalds in 2018.
Early Life & Biography
Linus Torvalds was born on 28th December in the year 1969 in Helsinki, Finland. He was taken to his parents who were both journalist and whose names are Anna and Nils Torvalds. His family background is educational with which he is a grandson of Ole Torvalds who was a poet and a journalist.
Linus studied at the University of Helsinki in the year 1988 to the year 1996 from which he graduated with a master’s degree of Computer Science. While in the university, he was among the members of the NODES research group.
In this early period, while he was still taking his studies, he joined the Finnish Army through which he attended 11-months training programme which interrupted his studies as they were compulsory for anyone entering the army. He got to the position of the second lieutenant in the military but went back to continue with his studies where he began working on an operating system known as Unix.
Career, Awards & Nominations
On moving back to school, Linus Torvalds got excited in computer science which he gained much motivation from the 8-bit home computer he worked on. He then bought a computer in the year 1991 which was Intel 80386-based IBM PC and then got MINIX operating system which was of great use for his research on the Linux Operating System. He then moved in Transmeta for a visit in which he began to work in this technology organization in 1997.
After serving in Transmeta for six years, he then joined the Open Source Development Labs (OSDL). He worked at 86open in the year 1997 to 1999 which is a binary file format for the Unix and its operating systems. This was after OSDL had collaborated with the Free Standards Group after which it then became Linus Foundation.
This was all becoming a success in all that he was doing which led to Linus being offered stocks of companies such as VA Linux and Red Hat from which it was lucky as the shares had risen after the companies became public to $20 Million. This led to the increase in the success of Linus Torvalds. After moving together with his family, he then created another software known as Git which have remained to be a success.
Linus Torvalds has also won several awards following his significant contribution in the computers as well as in technology. He was honored with EFF Pioneer Award being his first award and then later he was named as one of top 100 inventors who are under the age of 35 years. In addition to this, he got inducted to Internet Hall of Fame through which he also was awarded the Millenium Technology Prize and other prizes such as C&C Prize.
Net Worth & Earnings
Linus Torvalds has an estimated net worth of $170 Million. This comes from the fortunate earnings he has had in his incredible career line in which he has successfully invented major Operating Systems which have been a success. Linus gets an average salary of $10 Million in one year which also has been one of the contributing factors.
Linus has remained as one of the most influential persons in the world through his inventions of entirely new operating systems. His impact in the world of computers and technology cannot be forgotten as he has dramatically impacted it.