Entrepreneurs

Gordon Moore Net Worth

Published

6 months ago

Apr 9, 2023

John Mulder

What is Gordon Moore’s net worth?

Net Worth: $7.1 Billion

Age: 94

Born: January 3, 1929

Gender: Male

Height: Unknown

Country of Origin: United States of America

Source of Wealth: Entrepreneur

Last Updated: March 8, 2023

Net Worth:	$7.1 Billion
Age:	94
Born:	January 3, 1929
Gender:	Male
Height:	Unknown
Country of Origin:	United States of America
Source of Wealth:	Entrepreneur
Last Updated:	March 8, 2023

Table of Contents

Introduction

Gordon Moore is an American businessman, engineer, and co-founder.

He is the chairman of Intel Corporation. Moore is also the author of ‘Moore’s law’. In 1954, Moore did his Ph.D. in Chemistry and a Physics minor from the California Institute of Technology.

He had never thought of becoming an entrepreneur. He wanted the peaceful life of an academic however the future held other plans for him.

As of September 2023, Gordon Moore’s net worth is roughly $7.1 Billion.

Early Life

Gordon Earle Moore was born on the 3rd of January, 1929, in Francisco, California.

Moore completed his schooling at ‘Sequoia High School’ located in Redwood City and then enrolled at ‘San Jose State University.

He then joined the ‘University of California’, Berkeley, and in 1950, he completed his B.Sc. degree in chemistry. Moore conducted postdoctoral research at the Applied Physics Laboratory at Johns Hopkins University from 1953 to 1956.

Career

Moore collaborated with physicist William Shockley and worked with him at the ‘Shockley Semiconductor Laboratory’ which was a section of the company ‘Beckman Instruments.’

However, in 1957, a group consisting of eight people who were inducted into the laboratory by Shockley parted ways with the laboratory, and Moore was one of them. This group of eight talented Ph.D. graduates was together termed as the ‘Traitorous eight.’

A decade later, Moore made some changes in the observation and stated that the trend would follow every two years instead of one year. This has been significant and has largely helped the semiconductor industry.

He founded ‘NM Electronics’ in 1968, along with business personality Robert Noyce. This company later went on to become the renowned ‘Intel Corporation.’

From 1991 to 1996, he was engaged with the biotechnology company ‘Gilead Sciences’ as a member of the Business Advisory Board. He was then made one of the members of the Board of Directors of the company.

As of September 2023, Gordon Moore’s net worth is estimated to be roughly $7.1 Billion.

How Does Gordon Moore Spend His Money?

Moore spends some of his money on one of his real estate in Hawaii.

Gordon Moore’s Home

Moore owns a beautiful home in Kamuela, Hawaii.

Highlights

Here are some of the best highlights of Gordon Moore’s career:

Co-founder of Intel
He is the author of Moore’s Law

Favorite Quotes From Gordon Moore

“Yes, from the time I was in junior high school, I decided I wanted to be a chemist. I didn’t quite know what a chemist was, but I kept it up and got my Ph.D. in physical chemistry.” – Gordon Moore

“I remember the difficulty we had, in the beginning, replacing magnetic cores in memories, and eventually we had both cost and performance advantages. But it wasn’t at all clear in the beginning.” – Gordon Moore

“The technology at the leading edge changes so rapidly that you have to keep current after you get out of school. I think probably the most important thing is having good fundamentals.” – Gordon Moore

“With engineering, I view this year’s failure as next year’s opportunity to try it again. Failures are not something to be avoided. You want to have them happen as quickly as you can so you can make progress rapidly.” – Gordon Moore

“Well, I couldn’t even utter the term “Moore’s Law” for a long time. It just didn’t seem appropriate. But as it became something that almost drove the semiconductor industry rather than just recording its progress, I became more relaxed about the term.” – Gordon Moore

“Oh, 20 years or so. It really took a long time. But now it is well established. A while back, I googled “Moore’s Law” and “Murphy’s Law” and discovered that Moore’s Law had more references than Murphy.” – Gordon Moore

3 Life Lessons From Gordon Moore

Now that you know all about Gordon Moore’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him:

1. Don’t Be A Lemming

Starting a company just because the market is hot is probably not the best reason. To succeed at anything, you have to differentiate yourself from the pack – to offer your customers something they can’t get anywhere else. Be essential. Words to live by.

2. Play

Moore got interested in science by playing with his neighbor’s chemistry kit. He even had a home lab, where he’d tinker and play a scientist. Play and experiment with your hobbies.

3. Embrace Your Ignorance

It’s easy to feel pressured into pretending like you’ve got a pulse on everything. Answers are just a Google search away, after all. Admitting when you’re clueless about something can be tough and downright humbling, but it can often lead to more interesting – and human – interactions

Frequently Asked Questions

How much is Gordon Moore worth?

Gordon Moore’s net worth is estimated to be $7.1 Billion.

How old is Gordon Moore?

Gordon Moore was born on January 3, 1929, and is currently 94 years old.

How tall is Gordon Moore?

Gordon Moore’s height is Unknown.

Summary

Gordon Moore is best known as the co-founder of the ‘Intel Corporation.’ He has been an instrumental figure in technology and has achieved many accolades with his exceptional endeavors.

He may be best known for a rather simple observation. In 1965, for a special issue of the journal Electronics, Moore was asked to predict developments over the next decade.

As of September 2023, Gordon Moore’s net worth is estimated to be $7.1 Billion.

What do you think about Gordon Moore’s net worth? Leave a comment below.

Entrepreneurs

Mike Adenuga Net Worth

Published

6 days ago

Sep 18, 2023

John Mulder

What is Mike Adenuga’s net worth?

Net Worth: $6 Billion

Age: 70

Born: April 29, 1953

Gender: Male

Height: 1.73 m (5 ft 8 in)

Country of Origin: Nigeria

Source of Wealth: Entrepreneur

Last Updated: September 18, 2023

Net Worth:	$6 Billion
Age:	70
Born:	April 29, 1953
Gender:	Male
Height:	1.73 m (5 ft 8 in)
Country of Origin:	Nigeria
Source of Wealth:	Entrepreneur
Last Updated:	September 18, 2023

Table of Contents

Introduction

Mike Adenuga is a Nigerian billionaire businessman and the second-richest person in Africa.

His company Globacom is Nigeria’s second-largest telecom operator, which has a presence in Ghana and Benin. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil.

As of September 2023, Mike Adenuga’s net worth is estimated to be $6 Billion.

Early Life

Michael Adeniyi Agbolade Ishola Adenuga Jr. was born on the 29th of April, 1953, in Ibadan, Nigeria.

His father was a school teacher while his mother was a businesswoman of royal Ijebu descent.

Adenuga received his secondary school education at Ibadan Grammar School, Ibadan, and Comprehensive High School, Aiyetoro, for his Higher School Certificate. He worked as a taxi driver to help fund his university education.

Career

Entrepreneur

No stranger to hard work, Mike Adenuga helped fund his university education by working as a taxi driver before graduating from Northwestern Oklahoma State University.

In 1979, he achieved his first significant success by making his first million dollars from selling lace and distributing soft drinks.

Over the next 11 years, he consolidated his business, investing his profits and building a financial base that would catapult him into the big leagues.

A pivotal step in his career saw him obtain a drilling license in 1990, paving the way for his entry into the Nigerian oil industry.

His company, Consolidated Oil, discovered a commercial quantity of oil in 1990 in Southwestern Ondo State, a milestone for indigenous oil companies in Nigeria.

Businessman

Building on his successful oil venture, he was granted a conditional GSM license in 1999, marking his entry into the telecommunications sector.

Unfortunately, his initial license was revoked, but he persevered and secured a second GSM license in 2003 after a government auction.

Utilizing these lucrative licenses, Adenuga went on to establish Globacom (GLO), a telecom company that gained prominence in Nigeria expanding its footprint throughout the country.

He was so successful that he was named African Entrepreneur of The Year at the first African Telecoms Awards in 2007, highlighting his entrepreneurial excellence.

He joins fellow Nigerian businessmen and entrepreneurial mogul, Aliko Dangote on the list of Forbes Africa’s Billionaires for 2023.

Mergers and Acquisitions Specialist

In May 2015, Adenuga initiated a takeover bid for Comium Côte d’Ivoire, a mobile telecom operator in the Ivory Coast, with a $600 million offer.

The years following Globacom Limited’s initial African expansion into Côte d’Ivoire saw the Nigerian multinational telecommunications company identify further opportunities abroad.

Headquartered in Lagos, GLO remained a privately owned telecommunications carrier with Adenuga holding a controlling interest in the company.

The company currently provides telecommunications services in four countries in West Africa, including Nigeria, the Republic of Benin, Ghana, and Côte d’Ivoire.

The international business community recognizes GLO and its impressive chairman, Dr. Mike Adenuga Jr., for his impressive achievements in a harsh and demanding business environment.

International Recognition

Forbes ranks him as Africa’s 6th richest man, with a personal net worth exceeding $7.3 Billion – ranking 324 on the list of world billionaires.

He built his fortune through diversification and acquisitions, utilizing his massive oil fortune to successfully launch his telecom business in Nigeria before expanding abroad.

Pivotal to the success of his telecommunications company GLO, is the expansion of the service offering to include internet access in addition to phone services.

Starting in 2011, the company built an $800 million, high-capacity fiber-optic submarine cable that connected users to the internet via the United Kingdom.

They rolled out a 4G LTE service in 2016, offering subscribers fast and efficient broadband connectivity, snagging just under 40 million internet subscribers by 2020.

Mike Adenuga lives his life by following one of the famous Nelson Mandela quotes – “There is no passion to be found playing small.”

Philanthropist and Innovation Specialist

Adenuga and his companies support social and community development, making it a priority to engage in philanthropic efforts and support a variety of upliftment initiatives.

His innovative business strategies and personal leadership are pivotal in driving the growth of his diverse ventures and building an impressive African brand.

The businesses in his portfolio make a huge contribution to the economic development of West Africa, playing a vital role in the region’s development.

Key to his business growth and expansion is his unwavering commitment to job development, creating tremendous opportunities for communities in the region.

With his focus on indigenous business growth, Adenuga’s impressive achievements highlight the potential of African businesses on a global scale.

By providing the technological infrastructure to facilitate business, his telecom ventures contribute to advancing technology infrastructure across Nigeria and neighboring countries.

Adenuga has built an extensive global network, collaborating with business leaders like Microsoft founder Bill Gates who pledged $100 million to address malnutrition in Nigeria.

Mike Adenuga’s Net Worth

As of September 2023, Mike Adenuga’s net worth is $6 Billion.

Highlights

Here are some of the best highlights of Mike Adenuga’s career:

Globacom is Nigeria’s second-largest telecom operator
He owns stakes in the Equitorial Trust Bank
Grand Commander of the Order of the Niger (2012)
Commander of the Legion of Honour (2018)

Favorite Quotes From Mike Adenuga

“The harder you work, the luckier you get” – Mike Adenuga

1 Strong Lesson From Mike Adenuga

Now that you know all about Mike Adenuga’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:

1. Grow Stronger Than Before

Accepting, embracing, and learning from the change makes you stronger and better than you were in the past. The ability to learn from your past makes you a better person. A person who is able to deal with the changes more easily and is able to move on without having any regrets in life.

Frequently Asked Questions

How much is Mike Adenuga worth?

Mike Adenuga’s net worth is estimated to be $6 Billion.

How old is Mike Adenuga?

Mike Adenuga was born on April 29, 1953, and is currently 70 years old.

How tall is Mike Adenuga?

Mike Adenuga’s height is 1.73 m, which is equal to 5 ft 8 in.

Summary

Mike Adenuga is a Nigerian billionaire who is one of the richest Africans.

With over 24 million customers in Nigeria, Globacom also operates in the Republic of Benin, where it recently acquired licenses to start businesses in Ghana and the Ivory Coast.

As of September 2023, Mike Adenuga’s net worth is $6 Billion.

What do you think about Mike Adenuga’s net worth? Leave a comment below.

Entrepreneurs

Giovanni Ferrero Net Worth

Published

1 week ago

Sep 14, 2023

Emmy Wallin

What is Giovanni Ferrero’s net worth?

Net Worth: $28 Billion

Age: 58

Born: September 21, 1964

Gender: Male

Height: Unknown

Country of Origin: Italy

Source of Wealth: Entrepreneur

Last Updated: March 8, 2023

Net Worth:	$28 Billion
Age:	58
Born:	September 21, 1964
Gender:	Male
Height:	Unknown
Country of Origin:	Italy
Source of Wealth:	Entrepreneur
Last Updated:	March 8, 2023

Table of Contents

Introduction

Giovanni Ferrero is an Italian businessman from Italy.

Ferrero assumed the confectionery company Ferrero SpA after the death of his brother Pietro Ferrero in 2011.

He was born in Farigliano, Italy. In 1975, he moved to Brussels, Belgium, where he studied at the European Schools.[

As of September 2023, Giovanni Ferrero’s net worth is estimated to be roughly $28 Billion.

Early Life

Giovanni Ferrero was born on the 21st of September, 1964, in Farigliano, Italy.

Ferrero is Maria Franca Fissolo and Michele Ferrero, the owner of the multinational confectionery corporation Ferrero.

In 1975, he moved to Brussels, Belgium, where he studied at the European Schools. Then he moved to the US, where he studied marketing at Lebanon Valley College.

Career

The Ferrero Group originated when Ferrero’s grandfather, Pietro Ferrero, opened a chocolate shop in Alba, Italy, in 1946, Forbes reported. The store’s main product was Supercrema. A hazelnut spread born from wartime chocolate shortages; it was the precursor to Nutella.

Over 70 years later, the Ferrero Group is the world’s second-largest confectionery company. Bloomberg reported that the company sold $11.9 billion worth of sweets in the fiscal year ending in August 2018.

Thanks to various product additions and company acquisitions, the Ferrero Group’s products now include Tic Tac mints; Kinder chocolates; Baby Ruth, Butterfinger, and Crunch candy bars; and Keebler, Famous Amos, and Little Brownie Bakers cookies; in addition to Nutella and Ferrero Rocher, according to a July press release.

Giovanni and his brother Pietro became the company’s co-CEOs in 1997.

Ferrero makes brands such as Nutella, Ferrero Rocher, and Tic Tac. They do over $11 billion a year in revenue and employ more than 20,000 people.

As of September 2023, Giovanni Ferrero’s net worth is estimated to be roughly $28 Billion.

Highlights

Here are some of the best highlights of Giovanni Ferrero’s career:

Ferrero leads Ferrero SpA
He became joint-CEO of Ferrero (1997)

Favorite Quotes From Giovanni Ferrero

“Tradition is like a bow. The more we stretch the bowstring, the farther we can throw the arrows of modernity and innovation.” – Giovanni Ferrero

“Soon, we’ll be able to delist. We’re pleased with the chances of expanding into the British market that the purchase of Thorntons grants us.” – Giovanni Ferrero

“I am very confident that Mr. Lapo Civiletti will ensure continuity in reaching business goals and effectively support the Group in its growth objectives. He has been chosen for his business acumen, vision, and mission-driven orientation while truly fostering the Ferrero culture and core values.” – Giovanni Ferrero

“I am sure that the new Governance will boost our company’s growth while staying true to our roots. This will be the essential step to combine “the best of our worlds”: our distinctive entrepreneurship, our managerial excellence, and the quality of all our people, the perfect blend for success.” – Giovanni Ferrero

3 Life Lessons From The Ferrero Family

Now that you know all about Giovanni Ferrero’s net worth and how he achieved success; let’s take a look at some of the strongest lessons we can learn from him and his family:

1. Seizing The Opportunity

Ferrero’s father, pastry maker Pietro, is credited with creating the recipe for Nutella. He added hazelnut to the first batch in 1964 when cocoa was in short supply – but it was Michele who built the Nutella brand and decided to take it to the masses. Ferrero is estimated to be the world’s fourth-largest chocolate confectionery company.

More than 365,000 tonnes of Nutella are produced each year in 11 factories around the world.

The company’s largest market is Germany, followed by Italy and France.

2. Innovation Is Key

Not content with just one product, Ferrero developed Kinder chocolate in 1968 and won children’s hearts worldwide from 1974 when the Kinder Surprise eggs became available. According to the Ferrero website, more than 30 billion Kinder Surprise eggs have been sold.

3. Give Back To Your Community

The foundation offers financial support to former employees who worked for the Ferrero Group for at least 25 years and educational, creative, and recreational initiatives for all former employees. Give back.

Frequently Asked Questions

How much is Giovanni Ferrero worth?

Giovanni Ferrero’s net worth is estimated to be $28 Billion.

How old is Giovanni Ferrero?

Giovanni Ferrero was born on September 21, 1964, and is currently 59 years old.

How tall is Giovanni Ferrero?

Giovanni Ferrero’s height is Unknown.

Summary

Giovanni Ferrero is the richest man in Italy and the secretive billionaire behind the Ferrero Group.

The Ferrero Group is the world’s second-largest chocolatier and the maker of Nutella, Ferrero Rocher, and Tic Tacs.

Ferrero will drive the Group by focusing on long-term strategies, new business directions, and breakthrough innovation while assuring continuity in the company’s culture and values.

As of September 2023, Giovanni Ferrero’s net worth is estimated to be roughly $28 Billion.

What do you think about Giovanni Ferrero’s net worth? Leave a comment below.

Entrepreneurs

Joseph Lau Net Worth

Published

1 week ago

Sep 14, 2023

Emmy Wallin

What is Joseph Lau’s net worth?

Net Worth: $7.2 Billion

Age: 72

Born: January 1, 1951

Gender: Male

Height: Unknown

Country of Origin: China

Source of Wealth: Entrepreneur

Last Updated: March 8, 2023

Net Worth:	$7.2 Billion
Age:	72
Born:	January 1, 1951
Gender:	Male
Height:	Unknown
Country of Origin:	China
Source of Wealth:	Entrepreneur
Last Updated:	March 8, 2023

Table of Contents

Introduction

Joseph Lau is a Hong Kong billionaire.

Lau owns a 61% stake in Chinese Estates Holdings, and his fortune is estimated by Forbes at $15.1 billion as of April 2017. Lau is an avid art collector, and in 2017 Forbes has estimated the value of his collection to be a total of $1 billion.

As of September 2023, Joseph Lau’s net worth is estimated to be roughly $7.2 Billion.

Early Life

Joseph Lau Luen Hung was born on the 21st of July, 1951, in Hong Kong.

He has a younger brother and two younger sisters. Lau married Bo Wing-Kam in 1977, and they were divorced in 1992.

He became the majority shareholder of Chinese Estates Holdings when he acquired a 43% stake in the company through Evergo in 1986. Since then, he’s expanded his real estate investments through a series of acquisitions.

Career

Joseph Lau reportedly had a 61% stake in Chinese Estates Holdings, a significant Chinese investment holding company based in Hong Kong, China – its subsidiaries principally engaging in property investment and development, brokerage, securities investment, and money lending.

In 2007, Lau was among the first of seven purchasers of a Boeing 787 Dreamliner jet for his private use and according to the Sunday Times. He also owns one of the world’s finest red wine collections, with at least 10,000 bottles.

He is also known as an avid art collector. In 2012, the Macau Court of Final Appeal confirmed that Lau and Steven Lo were involved in offering Macau’s former public works chief Ao Man-long HK$20 million over the bid for five plots of land opposite Macau International Airport.

Lau and Lo were charged with bribery and money laundering. They both denied the charges, and Lo earlier told the court that the HK$20 million was an initial payment to construction company San Meng Fai.

In 2014 Lau and Lo were found guilty of the charges against them in Macau’s Court of First Instance. Lau was sentenced to five years and three months in prison, but he appealed.

As of September 2023, Joseph Lau’s net worth is estimated to be roughly $7.2 Billion.

More Entrepreneurs:

How Does Joseph Lau Spend His Money?

Joseph Lau spends some of his money on his massive art collection and wine.

Joseph Lau’s Art Collection and Wine Collection

Lau is a well-known art collector, and the total value of his art collection is estimated to be $1 billion. He owns more than 10,000 bottles of red wine.

In October 2020, the sales of Lau’s French wines at Sotheby’s in Hong Kong brought a total of $6.8 million, more than doubling pre-sale expectations.

Highlights

Here are some of the best highlights of Joseph Lau’s career:

Becomes the largest shareholder of Chinese Estates, a property developer, with a 43% stake (1986)
Buys Pablo Picasso’s “Buste de Femme” for $67.4 million (2015)

Favorite Quotes From Joseph Lau and His Wife Chan

“Prior to the breakup, I maintained and took care of Ms. Lui and gave her lots of money, jewelry, and other gifts, the total value of which exceeded HK$2 billion.” – Joseph Lau

“The pandemic is the biggest challenge for me. People show little appetite for shopping, and our leasing business is under increasing pressure to cut rent. My team and I have been trying a lot of methods to attract consumers.” – Chan Hoi-wan

“He’s been a businessman for many years, so he’s always thinking about the market and business even when just staying at home. But unless I ask him for an opinion, he will not talk about company business with me.” – Chan Hoi-wan

3 Powerful Lessons From Joseph Lau

Now that you know all about Joseph Lau’s net worth and how he achieved success; let’s take a look at some of the lessons that we can learn from him:

1. Get Out There

If you want something out of life, you have to go out there and get it, because it is not just going to be given to you.¨

2. Live

Live life to the fullest, and focus on the positive.

3. Listen More

The leader’s job is to pay attention to what other people say, especially those who think their views don’t count.

Frequently Asked Questions

How much is Joseph Lau worth?

Joseph Lau’s net worth is estimated to be $7.2 Billion.

How old is Joseph Lau?

Joseph Lau was born on January 1, 1951, and is currently 72 years old.

How tall is Joseph Lau?

Joseph Lau’s height is Unknown.

Summary

Joseph Lau is a Hong Kong real estate investor who is best known for owning a 61% stake in Chinese Estates Holdings. Lau is one of the richest people in China.

Lau’s unique art collection comprises his red wine collection of 10,000 bottles. He also has famous paintings such as Paul Gauguin’s “Te Poipoi” which is worth $39.2 million.

As of September 2023, Joseph Lau’s net worth is estimated to be roughly $7.2 Billion.