. She is the wife of Eric Schmidt, the Executive Chairman of Google, whom she met in graduate school at the University of California at Berkeley. His full name is Eric Emerson Schmidt. He was granted several million shares and options. who became billionaires (in United States dollars) based on stock options received as employees in corporations of which they were neither the founders nor relatives of the founders, such as Meg Whitman. In May 2015, his family's investment vehicle bought a 20% stake in hedge fund firm D.E. [25] There, he also earned a PhD degree in 1982 in EECS, with a dissertation about the problems of managing distributed software development and tools for solving these problems.[26]. The asking price? 2023 Celebrity Net Worth / All Rights Reserved. Schmidt served as CEO from 2001 to 2011 and then was a Chairman and Technical Advisor through 2020. Other than this, he was introduced into the American Academy of Arts and Sciences in 2007. Shaw & Co.[155] Schmidt is also an investor in CargoMetrics, another quant hedge fund. Later, they had their second daughter, Alison. [130][131], Schmidt was on the list of ARTnews's 200 top art collectors in 2008. [18], Schmidt was born in Falls Church, Virginia, and grew up in Falls Church and Blacksburg, Virginia. Eric Schmidt was born on April 27, 1955 in Washington, D.C., United States, is Executive Chairman, Google. An initiative of Schmidt Futures and the Rhodes Trust, which aims to increase the opportunity for exceptional young people worldwide to serve others throughout their lives. He started his career by working in several technology companies. Message to Other Media Please mention SuperYachtFan when using this information. On the same day he made a $90 million offer on Enchanted Hill, he also closed on a $165 million deal to buy an estate just down the street . [51] He exited the position November 2020. Schmidt is a famous technology businessman with an estimated net worth of $21 billion as of 2023. The wedding took place back in June 1980. And there is general agreement with Verizon and Google on that issue. From 1997 to 2001, he was chief executive officer (CEO) of Novell. He graduated from Yorktown High School and attended Princeton University. Wendy Schmidt (Wendy Susan Boyle) was born on 26 July, 1955 in City of Orange, New Jersey, United States, is an American businesswoman and philanthropist. [132] Schmidt denied that he was an art collector, despite his involvement in art, in 2019. [62], Schmidt sat on the boards of trustees of Carnegie Mellon University and Princeton University. Eric Schmidt has an M.S degree from the University of California, Berkeley. Wendy Schmidt has a net worth of $5.00 million (Estimated) which she earned from her occupation as Philanthropist. Well, if youre ready, lets start. . Schmidt is a well-known American businessman and software engineer. Wilson was a professor at John Hopkins University & Virginia Technology, and Eleanor was a Psychologist. This survey is done by Forbes. Eric sees himself as a professional pilot. [146][147][148][149][150][151], In January 2013, Schmidt visited North Korea with his daughter Sophie,[152] Jared Cohen, and former New Mexico governor Bill Richardson. Eric and Wendy Schmidt officially separated in 2011 but, interestingly, they continue to purchase homes and pursue philanthropic endeavors as a couple. Nationality: United States. Eric Schmidt is most notable for being the former CEO of Google. [47], In March 2016 it was announced that Eric Schmidt would chair a new advisory board for the Department of Defense,[48] titled the Defense Innovation Advisory Board. Early 2020 Schmidt owned approx 4 million shares in Google / Alphabet INC. Google gave him $100 million in 2011 as a parting gift. Over the last decade, Eric has sold approximately $3.5 billion worth of his Google stock. ", Eric Schmidt speaks as part of NASA 50 years Lecture series, President's Council of Advisors on Science and Technology, National Security Commission on Artificial Intelligence, President Obama's transition advisory board, United States President's Council of Advisors on Science and Technology, "Schmidt Futures > Our Method > Our People", "Eric Schmidt is stepping down as the executive chairman of Alphabet", "Google's Eric Schmidt Talks About How to Run the World (Not That He Wants To)", "Eric Schmidt, who led Google's transformation into a tech giant, has left the company", "Novell's Schmidt Joins Google at Critical Time", "Dr. Eric Schmidt Resigns from Apple's Board of Directors", https://www.politico.com/news/2022/03/28/google-billionaire-joe-biden-science-office-00020712, "Bloomberg Billionaires Index: Eric Scmidt", "Is The Executive Chairman of Google Really the Arrogant Defender of Tax Avoidance that His Critics Claim? [139], Schmidt is an active member of the Berggruen Institute's 21st Century Council, and its board of directors. Its just the beginning. Schmidt, now with a fortune estimated at $11 billion, married Wendy in 1980. He taught atStanford Graduate School of Businessin the 2000s. According to Net Market Share, Schmidt's 1 per cent economic stake in Alphabet, the parent company of Google, the largest search engine in the world, is where the majority of his wealth comes from. Google foundersLarry PageandSergey Brininterviewed Schmidt. American businessman and philanthropist Eric Schmidt has a $23 billion fortune. Google Executive At Center Of Sexist Workplace Culture Claims Is One The Highest-Paid Employees At The Company, The 10 Richest People In California Right Now. D. degree in EECS. Resides in San Francisco, CA Metropolitan Area. And he said that the only way to manage the challenges is "much greater transparency and no anonymity." Born in Washington, D.C. in 1955, Schmidt earned a Bachelor of Science in engineering from Princeton and a doctorate in computer science at the University of California at Berkeley. As of January 2023, Eric Schmidt's net worth is roughly $23 Billion. In a 14 year career, the software engineer became president of Sun Technology Enterprises. [5][19] He is one of three sons of Eleanor, who had a master's degree in psychology, and Wilson Emerson Schmidt, a professor of international economics at Virginia Tech and Johns Hopkins University, who worked at the U.S. Treasury Department during the Nixon Administration. Eric Schmidt is an entrepreneur and software engineer who has served Google as its CEO. Eric Schmidt is the famous software Engineer, a businessman of America who is the Executive Chairman of Alphabet Inc., the parent company of Google. I don't know if this was a total coincidence or what, but Sophie Schmidt bought the house directly across the street from Paul Allen's actual LA home. Eric is member of a small club of individuals who became billionaires as employees of companies they did not found. The case resulted in a $415 million settlement being paid by Google, Intel, Apple and Adobe to its employees. Recently, the business tycoon has made the headlines by leaving Google completely. One of the largest family offices in the United States. Eric Schmidt was born on 27th April 1955 in Falls Church, Virginia, the United States to Eleanor and Wilson Emerson Schmidt. Eric Schmidt and his wife Wendy have been on somewhat of a real estate shopping spree in the last two years. During Clinton's failed 2016 Presidential race, Schmidt was essentially a staff member of her campaign. He also had a cameo appearance in the HBO show Silicon Valley. Today, Wendy Boyle is Wendy Schmidt, the wife of Google Executive Chairman Eric Schmidt, and she has turned her attention to bigger problems - the quality of the planet's air, food and water. Sad news: very sorry to learn that Alison Schmidt, daughter of our longtime friends Wendy & Eric Schmidt, and sister of Sophie, has died 1/2 James Fallows (@JamesFallows) June 9, 2017 The former CEO of Google thinks we need to act faster on coronavirus, and that the companies to transform themselves now are going to win. He was a graduate of Princeton University where he earned his Bachelor's in Electrical Engineering in 1976. How much does Eric Schmidt earn per year? In June 1980 Eric married Wendy Susan Boyle. Schmidt was Google's CEO from 2001 to 2011; prior to that he had stints as CEO of Novell and chief technology officer at Sun Microsystems. Also, Under the Nixon Administration, he worked for the U.S. Treasury Department. Eric Schmidt is the famous American businessman who has a net worth of $16 billion as of January 2023. He has amassed a colossal net worth primarily from serving as the chairman and CEO of Google and other ventures. Page Six has learned that married former Google CEO Eric Schmidt dumped glamorous divorce Ulla. [11][13] He taught at Stanford Graduate School of Business in the 2000s. They married in 1980 and divorced 31 years later. Eric Schmidt is the former Chairman of Google and parent company Alphabet INC. As of 2023, Eric Schmidt net worth is valued at $20 billion making him one of the richest people in the world. The book was inspired by an essay in Foreign Affairs magazine the two co-wrote in 2010. Perhaps more active than a Chairman/CEO of a company like Google should have been. He is the owner of the Oasis, one of the luxurious and beautiful yachts of this planet. Contact Us; Eric Schmidt Net Worth. The Schmidts, working with Hart Howerton, a San Francisco architectural firm that specializes in large-scale land use, have inaugurated several projects on the island of Nantucket that seek to sustain the unique character of the island and to minimize the impact of seasonal visitation on the island's core community. Still-married former Google big Eric Schmidt has been spending time with his on-again-off-again gal pal, Alexandra Duisberg, again. He is seen as one of the most successful Art collector of all times. At the early stage of life, Eric lived with his parents in Falls Church and Blacksburg, Virginia. Our reporting is copied and/or used by many international media companies. [82] Timshel is the parent company of The Groundwork. A spokesperson for Schmidt declined to comment. However, around this same time, Google began to undertake talks to acquire Android which would pave the way for their own mobile phone and operating system. 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