Reid Hoffman Net Worth

How much is Reid Hoffman Worth?

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Reid Hoffman Net Worth
Net Worth:
$2.9 Billion
Date of Birth
August 5, 1967
Place of Birth
Stanford
Profession
Entrepreneur, Businessperson, Investor

Reid Hoffman Net Worth: Reid Hoffman is an American internet entrepreneur and venture capitalist who has a net worth of $2.9 billion dollars. Reid Hoffman was born August 5, 1967 in Stanford, California and is best known as the co-founder of LinkedIn and as a partner in Greylock Partners. He also as an Executive Vice President at PayPal, Inc. since March 2002, where he was a founding Board Member. At PayPal, Hoffman's responsibilities include all external relationships (including payments infrastructure), business development, international, government and legal. He was instrumental to the company's acquisition by eBay and responsible for partnerships with Intuit, Visa, MasterCard and Wells Fargo. Prior to joining PayPal in 1998, Hoffman was the founder of (failed) online dating site SocialNet, which some regard as the first online social network. Considered one of the most connected men in Silicon Valley, Hoffman has had a hand in creating its two most successful social networks; he is chairman and co-founder of LinkedIn, which now forms the bulk of his wealth, and he backed Facebook, putting money into the Mark Zuckerberg and Co. production alongside friend Mark Pincus in the company's startup days. Hoffman says one of his biggest regrets is missing out on Twitter, which he passed on at the time. As a Greylock partner he has led the firm's investments in Groupon and Airbnb (an internet-based resource for locating unique places to stay (rent) internationally). He sits on the boards of several nonprofits including Kiva, which seeks to combat poverty through microfinance. Hoffman says that in college he formed a conviction that he wanted to try to influence the state of the world on a large scale. He saw academia as an opportunity to make an impact, but later realized that an entrepreneurial career would provide him with a larger platform.

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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