Entrepreneurs
Eric Schmidt Net Worth
| Net Worth: | $23 Billion |
|---|---|
| Age: | 71 |
| Born: | April 27, 1955 |
| Gender: | Male |
| Height: | 1.78 m (5 ft 10 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Entrepreneur |
| Last Updated: | Aug 22, 2026 |
Introduction
Eric Schmidt is an American businessman and software engineer with an estimated net worth of $23 Billion.
Schmidt built the majority of his wealth from his work at Alphabet/Google, serving as the company’s CEO for ten years, an executive chairman for seven years, and technical advisor for his final two years. While he earned almost $60 million from salary and bonuses during his time with Alphabet, it was his stocks and shares that made him worth billions. He’s currently the chair of the US Department of Defense’s Defense Innovation Advisory Board.
Net Worth History
| Year | Net Worth |
|---|---|
| 2016 | $10.2 Billion |
| 2017 | $11.1 Billion |
| 2018 | $13.4 Billion |
| 2019 | $12.9 Billion |
| 2020 | $13.2 Billion |
| 2021 | $18.9 Billion |
| 2022 | $22.1 Billion |
| 2023 | $16.2 Billion |
| 2024 | $20.6 Billion |
| 2025 | $24 Billion |
Back in 2016, Eric Schmidt was worth an estimated $10.2 billion, primarily due to his stake in Alphabet. While he was earning at least $7 million annually at the time, this amount had a minimal impact on his overall net worth. Between 2017 and 2020, Schmidt’s wealth typically ranged between $11 billion and $13.5 billion.
Alphabet’s market cap has increased significantly in the past few years, reaching $2.1 trillion in 2025, with Schmidt still owning approximately 0.5% of the company. As a result, his net worth has grown accordingly, crossing the $20 billion milestone in 2022, and currently sits at $23 Billion in 2025.
Career Overview
Few businessmen have had a career comparable to Eric Schmidt, influencing some of the most successful corporations of the last few decades. After establishing his impressive skills as a software engineer in the 1980s, he went on to help found and develop several cutting-edge companies. His journey began in the early 1980s when he joined the IT company Byzromotti Design team, where he held various technical positions.
Sun Microsystems & Novell
Following a series of roles at Byzromotti Design, Bell Labs, and the Palo Alto Research Center, Eric Schmidt eventually moved to Sun Microsystems. After joining the company as a software manager, he advanced through the company’s ranks to become its Director of Software Engineering.
By the time he left Sun Microsystems, Schmidt had risen to the position of vice president of the software products division. This experience enabled him to transition to the Novell company as its CEO, facing a string of challenges as the company entered a period of decline. While Novell’s fortunes were on the wane, Eric Schmidt’s fortunes were to take a significant turn after he founded a new startup, Google.
Google Earnings
| Year | Base Salary | Bonuses / Perks | Total |
|---|---|---|---|
| 2001 | $250,000 | N/A | $250,000 |
| 2002 | $250,000 | N/A | $250,000 |
| 2003 | $250,000 | N/A | $250,000 |
| 2004 | $1 | N/A | $1 |
| 2005 | $1 | $250,000 | $250,001 |
| 2006 | $1 | $557,465 | $557,466 |
| 2007 | $1 | N/A | $1 |
| 2008 | $1 | $508,763 | $508,764 |
| 2009 | $1 | $243,661 | $243,662 |
| 2010 | $1 | $250,000 | $250,001 |
| 2011 | $1,250,000 | $7,000,000 | $8,250,000 |
| 2012 | $1,250,000 | $7,000,000 | $8,250,000 |
| 2013 | $1,250,000 | $6,000,000 | $7,250,000 |
| 2014 | $1,250,000 | $6,000,000 | $7,250,000 |
| 2015 | $1,250,000 | $6,000,000 | $7,250,000 |
| 2016 | $1,250,000 | $6,000,000 | $7,250,000 |
| 2017 | $1,250,000 | $6,000,000 | $7,250,000 |
| 2018 | $2,000,000 | N/A | $2,000,000 |
| 2019 | $2,000,000 | N/A | $2,000,000 |
| Totals: | $13,500,000 | $45,809,889 | $59,309,889 |
Working closely with Larry Page and Sergey Brin, Eric Schmidt’s involvement with the Google startup led him to take over as the company’s CEO in 2001. Shortly after, he began guiding its development over the following years and transforming it into a global leader. At the time, Schmidt was reportedly being paid a base salary of $250,000 per year, with additional annual performance bonuses. He also received an equity percentage in the company in 2001.
After revolutionizing early search engines, the company has since led the way with artificial intelligence and other emerging digital technologies. These developments enabled Schmidt to earn an increasingly large salary and receive share options that would ultimately make him a billionaire. What’s interesting about Eric’s salary during this time was that in 2004, he dropped his annual salary to just $1. However, he still received annual bonuses, which were typically worth more than his old salary, but not always. He also received 14.3 million shares of Alphabet stock upon the launch of its IPO. Between 2004 and 2010, he stuck to this pay structure, with some of his annual bonuses including:
- 2006 – $557,465
- 2008 – $508,763
- 2009 – $243,661
In 2011, Schmidt stepped down from the CEO role and became an executive chairman, continuing to advise Google’s co-founders. His annual base salary increased to roughly $1.25 million, but the most significant difference came from his yearly bonuses and shares in Alphabet. Schmidt received an annual bonus of $6 million, increasing his yearly income to $7.25 million. He also received $100 million worth of Alphabet stock, some of which he has since sold.
For his final two years with the company as a technical advisor, Schmidt reportedly earned $2 million per year in salary, which brings his total earnings, excluding stock options, to $59.3 million.
Alphabet Share Sales
Eric Schmidt has sold a large number of Alphabet shares on two separate occasions. The first occurred in 2013, when he sold 3.2 million shares for $2.5 billion. The second was in 2019, when he sold 1.8 million shares for approximately $1.4 billion, for a combined $3.9 billion in cashouts.
According to reports, he still owns approximately 0.5% of Alphabet’s total shares, worth roughly $10.75 billion.
The Department Of Defense
With his status as one of the wealthiest individuals in the world secured through his long-standing relationship with the Google brand, Eric Schmidt explored new opportunities. His work with the Department of Defense, as chair of an advisory board, was instrumental in forging relationships between the military and the tech sector.
His relationship with military contractors was prominent in his career between 2019 and 2021, when he chaired the National Security Commission on Artificial Intelligence. Elon Musk’s work with the DOD and partnership with the US Space Force later echoed these collaborations with the military-industrial complex.
Recruiting Scandal
Schmidt’s recruiting scandal involved secret “no-poach” agreements between tech giants, including Google, Apple, Intel, and Adobe, from the mid-2000s to 2009. These deals, spearheaded by top executives like Schmidt, Apple’s Steve Jobs, and Intel’s Paul Otellini, quietly ensured that companies wouldn’t recruit each other’s employees. While this kept internal teams intact, it also held back salaries, blocked career opportunities, and undermined fair competition.
In 2009, the U.S. Department of Justice (DOJ) uncovered the agreements during an antitrust investigation, digging up emails that painted a clear picture of collusion. One 2007 email showed Steve Jobs asking Schmidt to stop a Google recruiter from approaching an Apple employee. Schmidt acted swiftly, instructing his HR team to shut it down, leaving little doubt that these deals were actively enforced.
However, the consequences were more significant than anyone thought, as more than 64,000 workers filed a class-action lawsuit claiming suppressed wages and stifled career growth. The scandal resulted in a $415 million settlement in 2014. Despite their roles in orchestrating the agreements, Schmidt and other top executives faced no personal legal consequences or financial penalties.
The scandal prompted influential tech firms to reassess their hiring practices and sparked broader discussions about workplace fairness. Even after the settlement, the no-poach agreements left a lasting stain on the reputations of those involved, with Schmidt’s role during this period continuing to draw criticism.
Notable Business Ventures
In addition to establishing and developing Google’s services and brand, Eric Schmidt has been involved in many other notable ventures. He briefly served on the board of directors for Apple from 2006 to 2009 and also served as chair of the board of directors at the Broad Institute.
Schmidt has also assisted with research and development at notable educational institutions, including Princeton, Stanford, and Carnegie Mellon Universities. Like fellow billionaire Bill Gates, he has invested time and money in the biotech industry, serving on the National Security Commission on Emerging Biotechnology. Schmidt’s additional investments include joining an investment group to purchase the NFL team, the Washington Commanders, in 2023.
Entrepreneurs
Avram Glazer Net Worth
| Net Worth: | $1 Billion |
|---|---|
| Age: | 65 |
| Born: | October 19, 1960 |
| Gender: | Male |
| Height: | Unknown |
| Country of Origin: | United States of America |
| Source of Wealth: | Entrepreneur |
| Last Updated: | Aug 22, 2026 |
Introduction
Avram Glazer is an American businessman and sports team owner with an estimated net worth of $1 Billion.
This profile covers our extensive research into Avram Glazer’s net worth and investments, including ownership of the Tampa Bay Buccaneers and Manchester United.
Quick Facts
- Debuted on the Forbes Billionaires Index in 2024
- Holds an estimated 16.7% stake in the Tampa Bay Buccaneers
- That stake is now worth $900+ million
- Acquired a 68% controlling stake in Manchester United for $1.46 billion
- Sold a 25% stake of the team to James Ratcliffe for $1.3 billion in 2023
Net Worth History
| Year | Net Worth |
|---|---|
| 2024 | $1.7 billion |
| 2025 | $1.7 billion |
| 2026 | $2 billion |
Tampa Bay Buccaneers Acquisition
Avram’s father, Malcolm, was a dedicated sports fan and had been desperately trying to secure ownership of a franchise team within both the NFL and the MLB. This included attempts to acquire or establish franchises for the New England Patriots, the Baltimore Orioles (now the Baltimore Ravens), the San Diego Padres, and the Pittsburgh Pirates.
After Hugh Culverhouse, the then-owner of the Tampa Bay Buccaneers, passed away in August 1994, Malcolm finally managed to acquire a team. Malcolm purchased the Buccaneers for a reported $192 million, placing two of his sons, Joel and Edward, in leadership positions. All six Glazer siblings received an ownership stake in the team, which they still hold today. The exact split has never been confirmed, but assuming it’s an even split, this would bring Avram’s stake to roughly 16.7%.
In August 2024, Forbes valued the Buccaneers at $5.4 billion, indicating that the franchise’s value had increased by approximately $5.2 billion over the previous 29 years. Assuming Avram has always held 16.7%, his stake would have been worth $32.06 million in 1995 and is currently worth approximately $901.8 million.
Manchester United Acquisition
In May 2005, Avram and the Glazer family acquired a 68% majority stake in the EPL soccer team, Manchester United, through their company Red Football Ltd. The deal reportedly cost the family £800 million ($1.46 billion USD), placing the club’s valuation at approximately £1.18 billion ($2.15 billion USD).
However, the majority of the £800 million was secured by borrowing against Manchester United’s assets, which quickly put the club in financial trouble. This left the club obligated to pay £60 million per year in interest alone on its total debts. Although no longer a dominant force in the English Premier League, Manchester United won the league in five of the first seven years following the Glazers’ acquisition.
As of May 2025, the club’s market valuation is approximately $2.4 billion. According to various reports, the Glazer family still holds approximately 71%, but it’s unknown exactly how the shares are split between the family members. Nonetheless, a 71% stake in Manchester United, based on its current valuation of $2.4 billion, would equate to roughly $1.7 billion.
Financial, Tax, & Legal Issues
In December 2023, Avram Glazer’s family sold a 25% stake in Manchester United to British billionaire James Ratcliffe for $1.3 billion. This sale valued the football club at $5.2 billion, over five times its 2005 leveraged buyout price of $1 billion. However, many Manchester United fans expressed frustration, attributing years of poor club performance to mismanagement under the Glazer ownership.
The sale drew further attention because Glazer used complex tax exemption strategies through the Cayman Islands, reportedly avoiding a $100 million capital gains tax bill. While legal, it reignited debates about fair tax practices among high-net-worth individuals.
Philanthropy
The Glazer Family Foundation, founded in 2000, has maintained a strong focus on community programs despite recent financial difficulties. In 2023, the foundation reported a $121,000 deficit, with assets of $17,700 and liabilities totaling $26,600. Even so, it supports initiatives like the Glazer Children’s Museum, which nurtures educational play through donor funding.
The foundation also supports youth sports leagues that provide equipment and coaching to over 500 underserved children annually, encouraging teamwork and physical activity. Its scholarship programs have awarded over $1 million to help more than 100 students access higher education, reducing financial obstacles for their families. The foundation has also focused on health-related efforts, such as vision screenings and eyeglass donations, which have reached more than 2,000 children in the Tampa Bay area and addressed critical needs in local communities.
Together, these initiatives reflect the Glazer family’s commitment to meaningful community support, even during periods of financial strain.
Highlights
Here are some of the best highlights of Avram Glazer’s career:
- Owner of the NFL Tampa Bay Buccaneers since 1995
- Executive Co-Chairman of Manchester United (2005)
- Former chairman and chief executive officer of Zapata Corporation (1995 – 2009)
Entrepreneurs
Jordan Belfort Net Worth
| Net Worth: | $1 Million |
|---|---|
| Age: | 64 |
| Born: | July 9, 1962 |
| Gender: | Male |
| Height: | 1.70 m (5 ft 7 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Entrepreneur |
| Last Updated: | Aug 22, 2026 |
Introduction
Jordan Belfort is an American motivational speaker and author with an estimated net worth of $1 Million.
In this profile, we’ll discuss our research into Jordan Belfort’s net worth, income sources, legal issues, and any other events that have affected his finances.
Quick Facts
- Peak annual income of $50 million
- Ordered to pay $110.4 million in restitution to Stratton Oakmont victims
- His legal obligation to do so expired in April 2026
- Paid less than $14 million in total (roughly 12.6%)
- Victims allegedly lost $200 million in total
- Earned $1.045 million from selling the film rights to his memoirs
$110 Million Judgment
Belfort is known to the public for his legal issues involving a scheme he ran through his former brokerage firm, Stratton Oakmont. Between 1989 and 1998, the firm engaged in a range of illegal trading practices while Belfort and his coworkers earned millions of dollars. These illegal practices included:
- Money laundering
- Pump and dump schemes
- Stock price manipulation
- Securities fraud
During Belfort’s 1999 trial, he pleaded guilty to money laundering and securities fraud and agreed to cooperate with federal prosecutors in their investigation. Investors allegedly lost as much as $200 million from their dealings with Stratton Oakmont. Belfort was later sentenced to four years in federal prison and was released after serving 22 months.
In addition to his conviction, Jordan Belfort was ordered to pay restitution of $110,362,993.87 to his 1,513 victims. Since he obviously didn’t have this kind of money upfront, the payments were court-ordered to be taken from his gross income. He was also required to continue paying restitution to his victims on the $110.4 million judgment until April 2026.
Restitution Payments
So now that this date has passed, how much money did he pay in total?
Here’s the thing: Belfort could only make restitution payments based on the amount of money he earned following his release from prison. His conviction permanently barred him from re-entering the U.S. securities industry. This meant he was starting from the bottom again with a brand-new career and unlikely to fulfill the judgment by 2026.
Now, back in 2013, court filings revealed that Belfort had paid a total of $11,629,143.64. However, roughly 86% of this figure ($10 million) came from the government’s asset seizures of his properties. Those assets were sold at the beginning of the 2000s, which means he paid roughly $1.6 million in restitution from his income between then and 2013.
The reason 2013 is such a key year is that, prior to this, Belfort was obligated to put 50% of his gross income toward restitution. That obligation expired in 2013, though Jordan allegedly stopped complying with it three years earlier.
Historical Payments
Here are some of Belfort’s confirmed annual payments, according to the U.S. government:
- 2007 – $382,910
- 2008 – $148,799.19
- 2009 – $170,000
- 2010 – $0
- 2011 – $21,000
- 2012 – $158,000
In 2011, Belfort paid just $21,000 in restitution despite receiving $940,000 for selling the film rights to his life story to Red Granite Pictures. The following year, he also received an additional $250,000 from the company, but the government caught on quickly. They intervened before the payment was made, instructing Red Granite to pay $125,000 into the restitution fund.
Some reports suggest that from 2013 onwards, Belfort was required to pay a minimum of $10,000 per month into the fund. This is nothing in the grand scheme of things, since he had a remaining balance of roughly $98.73 million. At $10,000 per month, it would have taken him 822 years and 10 months to cover the full judgment.
The last official court filing made public was in 2018. It stated that Belfort had paid a total of $12,843,845.19 in restitution since the original judgment. His legal obligation expired in April 2026; therefore, the remaining balance has been wiped. We can assume that he probably paid a little more than $13 million in total.
Real Estate
Jordan Belfort previously owned an 8,706-square-foot, five-bedroom, eight-bathroom home in Glen Head, New York, before his arrest. This property features an outdoor pool, billiards room, bar, walk-in closets, and a squash court. Federal authorities seized the home in 2001 and sold it for $2.53 million to help pay restitution to his fraud victims.
Entrepreneurs
Alice Walton Net Worth
| Net Worth: | $60 Billion |
|---|---|
| Age: | 76 |
| Born: | October 7, 1949 |
| Gender: | Female |
| Height: | 1.72 m (5 ft 8 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Entrepreneur |
| Last Updated: | Aug 21, 2026 |
Introduction
Alice Walton is an American heiress to Walmart Inc.’s fortune, with an estimated net worth of $60 Billion.
Walton is the daughter of Walmart founder Sam Walton and Helen Walton. She is one of the wealthiest women in the world. Her impressive net worth, largely accumulated through Walmart’s remarkable success in the retail industry, makes her the 10th richest person in America.
In this profile, we’ll discuss our extensive research into Alice Walton’s net worth history, Walmart fortune, assets, and various philanthropic endeavors.
Quick Facts
- Debuted on the Forbes Billionaires Index in 2001
- Holds a 0.3% direct stake in Walmart
- Net worth crossed the $100 billion milestone in 2025
Net Worth History
| Year | Net Worth |
|---|---|
| 2016 | $32.3 Billion |
| 2017 | $33.8 Billion |
| 2018 | $46 Billion |
| 2019 | $44.4 Billion |
| 2020 | $54.4 Billion |
| 2021 | $61.8 Billion |
| 2022 | $65.3 Billion |
| 2023 | $56.7 Billion |
| 2024 | $72.3 Billion |
| 2025 | $101 Billion |
According to reports, Alice Walton directly owns approximately 20.2 million shares of Walmart stock, which equates to roughly 0.3% of the company. However, the Walton family also operates Walton Enterprises LLC and the Walton Family Holdings Trust, which collectively hold 3.65 billion shares. Alice’s direct stake of 20.2 million shares would be worth roughly $1.94 billion according to recent share prices. Thus, her interest in the aforementioned LLC and trust accounts for the bulk of her net worth.
As for Walmart’s market capitalization, the company has experienced significant growth in the past decade, with its share price increasing from $25 in 2015 to $96 as of late. This has resulted in a consistent increase in Walton’s net worth, growing from $32.3 billion in 2016 to an estimated $54.4 billion by 2020. The most significant jumps have come in the past two years, rising from $56.7 billion in 2023 to $101 billion as of 2025.
Art Collection
A few years later, after the closure of the “Llama Company,” Walton purchased an art piece from the “Daniel and Rita Fraad” collection. As her growing interest in art expanded, she bought Asher Brown Durand’s celebrated painting “Kindred Spirits” for a whopping $35 million.
At the same time, Alice founded the Crystal Bridges Museum of American Art and served as the first chair of the Northwest Arkansas Council. She also purchased works by Edward Hopper and, in preparation for the opening of Crystal Bridges, acquired Norman Rockwell’s “Rosie the Riveter.”
Through her commitment to Crystal Bridges and other charitable endeavors, Alice has established a lasting legacy of support for the arts and education. Alice also worked as an equity analyst and money manager at First Commerce Corporation and served as head of investment activities at Arvest Bank Group.
Philanthropy
Shortly after the Llama Company closed, she established the Alice L. Walton Foundation and was awarded the 2022 Getty Medal. As if that weren’t enough, Alice became the 20th-largest individual contributor to 527 committees in the U.S. presidential election in 2004. Thanks to her contributions, she has ties to various politicians, including Hillary Clinton and other Democrats, as well as to Mitt Romney, through her funding of Restore Our Future.
In addition to contributing to the Hillary Victory Fund, she has donated $225 million to the Walton Family Holdings Trust. Additionally, she is listed alongsideRihanna and Warren Buffett as one of Time magazine’s 100 most influential individuals in the world.
Following her contributions, she donated $2.6 million to the conservative Progress for America group and formed the Art Bridges Foundation in 2017. At the same time, she founded the Whole Health Institute and announced the establishment of the Alice L. Walton School of Medicine. She then partnered with the Cleveland Clinic to evaluate healthcare in Arkansas and joined the Washington Regional Medical System to create a nonprofit medical system.
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