John Doerr Net WorthReal Name: John Doerr
Date of Birth: 06/29/1951
Place of Birth: St. Louis, Missouri
2017 Net Worth: $4 Billion
Profession: Partner at Kleiner Perkins Caufield & Byer
John Doerr Biography
John Doerr was born in June of 1951 in St. Louis, Missouri. He attended Chaminade College Prep School before getting his Master’s degree from Rice University in electrical engineering, then an MBA from Harvard University. He first worked for Intel Corporation in 1974. He was one of Intel’s most successful employees and holds the patent for several types of computer memory devices. Doerr later joined Kleiner Perkins Caufield & Byers in 1980.
Under Doerr’s direction, the company has put venture capital funding into some of the most successful companies in the world including Google, Intuit, Amazon.com, Compaq, Netscape, and Sun Microsystems, just to name a few. He has also backed a few very successful entrepreneurs including Larry Page, Eric Schmidt and Sergey Brin of Google, and Jeff Bezos of Amazon. Doerr encouraged his company to make a $150 million investment in Twitter. Recently, he helped to guide the firm’s investment in the “taxi of the future”, Uber, payment startup companies Square, as well as the social networking site Nextdoor. In 2008, Doerr declared the iPhone as being more important than a personal computer because “the phone knows who you are and where you are.” He, and other investors, put in more than $200 million into the “iFund”.
Doer was appointed to the USA Economic Recovery Advisory Board by President Obama in 2009. This board was designed to provide the President with advice for repairing and restoring the American economy.
Doerr’s financial accomplishments are well-known but he is a quiet recluse in his private life. He lives in Woodside, California, with his wife and two children. In 2010, the family signed The Giving Pledge, in which the ultra-rich agree to donate at least half of their wealth to charitable cause(s) within their lifetime. Doerr has quite a bit of giving to do as his current net worth is $4 billion.