BillionaireNet
Leone
Douglas Leone
Rank #288
UNITED STATESFinance & InvestmentsVenture capital

Douglas Leone

Net Worth
$10.581B
+1.22% (24h)
Douglas Leone is a highly successful venture capitalist and former managing partner of Sequoia Capital. With a current net worth of $10.9 billion, Leone has made a significant mark on the tech industry through strategic investments and leadership. His career began with roles at Sun Microsystems and Hewlett-Packard before joining Sequoia Capital in 1988, where he ascended to global managing partner. Known for his ability to identify and nurture promising tech startups, Leone played a key role in the success of companies like Google, LinkedIn, and ServiceNow, and spearheaded Sequoia's expansion into international markets. He is recognized as a top investor and an influential figure in the venture capital landscape.

The Full Dossier

Early Life

Douglas M. Leone was born in Genoa, Italy, on July 4, 1957. At the age of 11, he immigrated to the United States with his family, settling in Mount Vernon, New York.

Career

Leone's career began in sales and management positions at prominent technology companies like Sun Microsystems, Hewlett-Packard, and Prime Computer. In 1988, he joined Sequoia Capital, where he would leave a lasting impact. Leone became a managing partner in 1996 and then the global managing partner in 2012. During his tenure, he played a crucial role in Sequoia's investments in numerous successful companies including Aruba Networks, ServiceNow, RingCentral, and Nubank. He also led Sequoia’s international expansion into China and India, bolstering the firm’s global footprint. In 2022, Leone stepped aside as managing partner but remains a general partner at Sequoia.

Key Business Strategies

Leone is known for his strategic and disciplined approach to investing and his focus on long-term value creation. He emphasizes identifying promising entrepreneurs from diverse backgrounds and providing them with guidance. Leone's leadership has been instrumental in Sequoia's ability to support companies from early stages through IPOs and beyond.

Philanthropy

Douglas Leone is involved in philanthropy, with a focus on education and healthcare accessibility. He has donated to organizations like the Stanford University School of Engineering and the Stanford Hospitals & Clinics.

Career Timeline

2022

Stepped Aside as Managing Partner

Stepped aside as Sequoia's managing partner, remaining a general partner.

2021

Order of the Star of Italy

Conferred with the Order of the Star of Italy in the class of Officer.

2017

Top 10 Investor in Technology

Named a top-10 investor in the technology industry in the United States by Forbes.

2012

Global Managing Partner at Sequoia Capital

Appointed global managing partner.

1996

Managing Partner at Sequoia Capital

Became managing partner.

1988

Joined Sequoia Capital

Began his career at Sequoia Capital.

Philanthropic Impact

EducationUnknown

Stanford University School of Engineering

Donated to the school.

HealthcareUnknown

Stanford Hospitals & Clinics

Donated to the Hospitals & Clinics.

Wealth Trajectory