Eric Schmidt Net Worth
Eric Schmidt is the executive chairman of Google, and has a net worth of $9.2 billion. Eric Schmidt earned his net worth through his technical positions with Bell Labs, the Palo Alto Research Center, and Zilog. He also worked his way up from director of software engineering to Vice President and GM of Sun Microsystems's software products division, as well as the Vice President of the general systems group and The Sun Technology Enterprises's President. He also worked for Novell, as the chairman of the board and the CEO. He had already accomplished this early in his career. After being interviewed by the founders of Google, he was hired to run their company. He became their chairman, and CEO in 2001. He was named as a Top Gun CEO, and out of fifty of the most important internet people on the list, Schmidt was rated as the number one. In January of this year, Eric Schmidt retired his place as CEO and continued to be an executive chairman of the board. He was also an adviser to Larry Page and Sergy Brin, who are the co-founders of Google. Schmidt was, briefly, in the middle of the Google-Apple conflict. He was on the board of directors for Apple, for a short time, but then, decided to return to Google. He was given $250,000 salary, plus annual performance bonus and agreed with Google to accept a base salary of $1 for the years 2004-2010. But he was also receiving compensations in the hundreds of thousands. He also had quite a bit of stock options, and he received $100 million from Google when he left.
Schmidt was a big backer of Obama in the Presidential election, and after the President was elected into office, Schmidt was offered the position of being on the President's Transition Advisory Board and is on the President's Council of Advisors on Science and Technology, as well as being a informal advisor during the President's campaign.
He was born in Washington D.C. in 1955, and spent his childhood in Blacksburg, Virginia. He attended Yorktown High School, and went on to Princeton University and graduated with a bachelors in electrical engineering. He continued his education at the University of California, Berkeley, where he earned his MS, and then went on to earn a PhD in EECS. He was also a part time Professor at Stanford Business School. He is one of 200 top art collectors and a member of the Bilderburg Group. He has also co-authored the lex lexical analyzer software for Unix and was a Carnegie Mellon University board of trustees member, as well as a chairman for the board of directors at the non-profit public policy institute, the New America Foundation. He is married and lives with his wife, Wendy in Atherton, California. Eric and Wendy Schmidt are the head of The Eric Schmidt Family Foundation, whose main goal is help clean up our environment and find ways to preserve our history, as well as improving our educational system.