Love them or despise them, the world is shaped by several very influential tech entrepreneurs. When it comes to the rich and famous in the world of tech, its not about those who can enter the best line of code, create the strongest engines or build the largest structures.
Famous Tech Entrepreneurs you Should know of
Many of the things you use and love today are made by entrepreneurs. Take a look at it. An idea had to come from someone, and then they had to work hard to build it up. To become a reality, that concept needed to be believed in and supported financially.
In addition, to justify the effort put into your creation when it is finally revealed, you must hope that it will be successful. Being an entrepreneur requires a lot of effort and time.
On the other hand, there are those who enjoy both the challenges and the potential rewards when it succeeds. These individuals have invested in concepts they believed would be the next big thing and have established numerous businesses. We’ll show you 10 different tech entrepreneurs and the businesses they helped create.
The South African businessman is best known for founding Tesla Motors, which produced the first fully electric sports car. He is also well-known for co-founding PayPal.His organization, X.com converged with Confininty Inc. to ultimately turn into the PayPal we know today. He had an Internet-based business before PayPal with Zip2, a newspaper business directory, which he sold to Compaq in 1999.
He is the CEO and CTO of SpaceX today, along with Tesla Motors. SpaceX is a civilian space transportation company that was the first privately funded company to launch, orbit, recover, and send a spacecraft to the International Space Station. In addition, he came up with the idea for the solar energy company SolarCity and is currently promoting his concept for the hyperloop, a high-speed transportation system. His known net worth today is $191.4 billion.
Mark Zuckerberg is a self-trained software engineer and fellow benefactor, seat, and CEO of Meta (META), previously known as Facebook. Initially named Facemash, Zuckerberg established the person-to-person communication site in his Harvard College apartment in 2004 alongside Andrew McCollum, Dustin Moskovitz, Chris Hughes, and Eduardo Saverin. As of June 10, 2022, Zuckerberg’s net worth was approximately $68.2 billion, according to Bloomberg.
Apple, one of the only tech companies to seriously challenge Microsoft’s dominance, was co-founded by Steve Jobs.Jobs’ influence on Apple was one of the creative bursts, in contrast to Gates’ methodical expansion.When Jobs returned to the company, it was a computer manufacturer.
The iPod, iPhone, and iPad are the growth engines that have propelled Apple past Microsoft, which was once untouchable. For the first time ever, Apple’s market cap surpassed Microsoft’s in 2010. Additionally, Apple CEO Time Cook announced in 2022 that the number of active devices installed reached a record 1.8 billion.
The software company Oracle Corporation (ORCL), which was established in 1977, is the brainchild of Larry Ellison. He is still chairman of the board and chief technology officer of the company, and he was CEO of the business until 2014.
Fortunately, his company went public in 1986, but quality control issues plagued it in 1988. After a few years, these issues led to cash flow issues, operating losses, and a falling share price, and the company is close to going bankrupt. By 1994, new top management collaborated with Larry Ellison to resolve these issues. Oracle is one of the most successful technology companies in the world.
It is a market leader in CRM software. Oracle’s market value was more than $170 billion at the end of 2018. Larry Ellison, the company’s largest shareholder, has a net worth of $55 billion, making him one of Forbes’ top five 2018 billionaires.
Jeff Bezos is probably someone you’ve heard of or know. After all, he is the creator of Amazon.com, the world’s largest online retailer. To get right to the point, he is the person who changed the way we shop today. He basically laid the groundwork for online shopping and set an example for other businesspeople to follow.
With his total assets as of now at $28.8 billion, this spots him at No.21 on Forbes’ list of the World’s Billionaires.
He is regarded by some as an exceptional American inventor who sparked the computer revolution. He is viewed by others as a contemporary robber baron whose predatory practices have stifled software industry competition.No one can argue that Bill Gates is one of, if not the most successful, entrepreneur of the 20th century, regardless of what his supporters and opponents may believe.
He transformed a two-man business into a multibillion-dollar empire and became the richest man in the world in just 25 years. But he didn’t do this by inventing new technology; rather, he used existing technology to adapt it to a particular market and then ruled that market with clever marketing and business acumen.
His known net worth in 2022 is $109 billion.
Michael Saul Dell is an American businessman and philanthropist who was born on February 23, 1965. He is the chairman, CEO, and founder of Dell Technologies, one of the largest technology infrastructure businesses in the world. He has a net worth of $45 billion as of October 2022, making him the 24th richest person in the world according to the Bloomberg Billionaires Index.
His 243.35 million Dell stock shares were worth $3.5 billion in 2011, giving him a 12% stake in the business.MSD Capital, which bears his initials, is in charge of managing his remaining $10 billion in investments in other businesses.
His bid to buy Dell Inc. outright for $24.4 billion—the largest management buyout since the Great Recession—was made public in January 2013. In October 2013, Dell Inc. officially went public. In December 2018, the company once again went public.
ByteDance, the social media group behind the video-sharing app TikTok, was founded by Zhang. The news aggregation service Toutiao is also owned by the Beijing-based company.
ByteDance reported 2021 revenue of $58 billion and more than one billion users worldwide. In May 2021, Zhang resigned as chief executive.
Shiv Nadar is an Indian industrialist and philanthropist who was born on July 14, 1945. He established HCL Technologies Limited and the Shiv Nadar Foundation, where he currently serves as chairman emeritus. Nadar started HCL in the middle of the 1970s.
Over the next three decades, he kept changing the focus of his company, turning the IT hardware company into an IT enterprise. Nadar received the Padma Bhushan in 2008 for his contributions to the IT sector. Friends call Nadar Magus, which means “wizard” in Old Persian. Since the middle of the 1990s, he has focused his efforts through the Shiv Nadar Foundation on improving India’s educational system.
He is the 50th richest person in the world and the third richest person in India, according to Forbes, with an estimated net worth of $26.4 billion as of November 24, 2022.
Sergey Brin and Larry Page
Larry and Sergey are the CEO and president of Google’s parent company, Alphabet. They met at Stanford University while studying for Ph. D.’s in computer science. Officially thought out in 1995, Google caught the attention of not only the academic community but Silicon Valley investors as well. In August 1998, Sun co-founder Andy Bechtolsheim wrote Larry and Sergey a check for $100,000, and Google Inc. was officially born. In 2022 Alphabet is worth 1.2 trillion dollars.
Honorable Tech Entrepreneur Mentions
Ma Huateng – Tencent
Jensen Huang – Nvidia
William Lei Ding – Netease
Mike Canon Brookes – Atlassian
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Robert is a part-time blogger and internet entrepreneur. Join Robert and thousands of other monthly readers to learn how to build and scale up the next-gen of online entrepreneurship. While running this blog, Robert is the founder of his media company, Times International, and a PR Team Lead at Lensa.