Michael Moritz Net Worth | TheRichest
Isabella Floyd Michael Moritz
- Birthname
- Sir Michael Jonathan Moritz KBE
- Education
- 2
- Profession
- Tech Mogul
- Net worth
- $3,600,000,000
- Source of Wealth
- Internet (Sequoia Capital)
- Nationality
- Welsh-American
- Country
- United States
- Marital Status
- Married (Harriet Heyman)
Quick Links
Michael Moritz is a British venture capitalist and former journalist who has an estimated net worth of $3.6 billion. He was born Michael Jonathan Moritz on September 12, 1954 in Cardiff, Wales and was raised Jewish. He attended Christ Church, Oxford and earned his Bachelor of Arts in history degree in 1978. He is also a Thouron Scholar at the Wharton School of the University of Pennsylvania where he earned his Master of Business Administration degree.
Moritz first worked as a journalist for several years. He was a reporter for Time in the early 1980s when Steve Jobs contracted him to document the development of the Mac for a book he was writing about Apple. He is the author of the first history of Apple Inc., The Little Kingdom, and of Going for Broke: Lee Iacocca's Battle to Save Chrysler. He also wrote the revised and expanded follow up of The Little Kingdom, Return to the Little Kingdom: How Apple and Steve Jobs Changed the World.
In 1986, he became part of Sequoia Capital, an American venture capital firm in Menlo, California. The Welsh-born star sold two businesses through the firm that he had backed in 2010 and raised £940m. Moritz put £8m of Sequoia's money into the fledgling Google operation in 1999. That stake rose to be worth £6.3 billion. In its 2011 list of world billionaires, Forbes puts Moritz at £1,125m and was the No.1 venture capitalist in the magazine's Midas List in 2006 and 2007. We knock off the £25m he donated to Christ Church, his Oxford college, in 2008.
Earnings & Financial Data
Date | Category | Description | Amount |
|---|---|---|---|
2016 | Asset | Series D funding for Instacart through Sequoia Capital with 12 investors | $400,000,000 |
2015 | Asset | Series D funding for Stripe through Sequoia Capital with 12 investors | $150,000,000 |
2014 | Asset | Series C funding for Instacart through Sequoia Capital with 12 investors | $220,000,000 |
2014 | Asset | Series C funding for Stripe through Sequoia Capital with 8 investors | $100,000,000 |
2014 | Asset | Series C funding for Berkeley Lights through Sequoia Capital with 3 investors | $56,500,000 |
2013 | Asset | Venture Round funding for Coupang through Sequoia Capital with 12 investors | $100,000,000 |
2013 | Asset | Series B funding for Instacart through Sequoia Capital with 12 investors | $44,000,000 |
2013 | Asset | Series D funding for Strava through Sequoia Capital with 4 investors | $18,500,000 |
2013 | Asset | Series C funding for Stripe through Sequoia Capital with 9 investors | $70,000,000 |
2001 | Asset | Purchase value of his home in San Francisco, California | $10,600,000 |
