BillionaireNet
Schmidt
Eric Schmidt
Rank #61
UNITED STATEStechnologyGoogle

Eric Schmidt

Net Worth
$34.763B
+1.49% (24h)
Eric Schmidt is an American businessman and former computer engineer, renowned for his pivotal role in the technology sector. He served as the CEO of Google from 2001 to 2011 and as the Executive Chairman of Google and Alphabet Inc. until 2017. Schmidt's career at Google was marked by immense growth and innovation, solidifying his net worth and shaping the digital landscape. He transitioned to a technical advisor role until 2020. As of December 2025, his net worth is estimated at $36.3 billion, stemming primarily from his Google tenure and subsequent investments. Schmidt has also been actively involved in various philanthropic endeavors, contributing significantly to educational and scientific research initiatives.

The Full Dossier

Early Life

Eric Emerson Schmidt was born on April 27, 1955, in Falls Church, Virginia. His early life included time in Italy, which he credits with shaping his outlook. He attended Yorktown High School in Arlington, Virginia, where he excelled in long-distance running. Schmidt pursued higher education at Princeton University, initially studying architecture before switching to electrical engineering and earning his Bachelor of Science in Engineering degree in 1976.

Rise to Success

Schmidt's career trajectory included roles at Bell Labs, Xerox PARC, and Sun Microsystems. His leadership skills propelled him to become the CEO of Novell in 1997. However, his most significant career move occurred in 2001 when he joined Google as its CEO. Under his guidance, Google expanded its services, introduced new products like Google News, Gmail, and Google Maps, and acquired companies such as YouTube and DoubleClick. Schmidt oversaw Google's initial public offering in 2004, a pivotal moment in the company's history. He served as CEO until 2011, then became Executive Chairman until 2017, and a technical advisor until 2020. Since 2025, he has been the CEO of Relativity Space, an aerospace manufacturing company.

Key Business Strategies

Schmidt played a critical role in building Google's corporate infrastructure and maintaining its rapid growth. His strategic acumen was instrumental in Google's expansion into various markets, and he focused on ensuring quality and fostering innovation. During his tenure, Google challenged industry giants and introduced groundbreaking technologies, including the Chrome web browser and the Android mobile operating system. He helped Google to grow into one of the most valuable tech companies in the world, significantly increasing the value of his shares.

Philanthropy

Schmidt, along with his wife Wendy, has founded and supported various philanthropic organizations, including the Schmidt Family Foundation, Schmidt Ocean Institute, and Schmidt Futures. These initiatives focus on sustainability, education, and advancing scientific research. Their philanthropic work reflects a commitment to addressing global issues through technology and innovation.

Career Timeline

2025

CEO of Relativity Space

Became the CEO of Relativity Space, an aerospace manufacturing company.

2017

Executive Chairman of Alphabet

Stepped down as Executive Chairman of Alphabet.

2011

Executive Chairman of Google

Transitioned to Executive Chairman of Google.

2001

CEO of Google

Joined Google as CEO, overseeing significant growth and product expansion.

1997

CEO of Novell

Became CEO and Chairman of the board at Novell.

1983

Joined Sun Microsystems

Joined Sun Microsystems as the first software manager.

Philanthropic Impact

Environment$0.3B+

Schmidt Family Foundation

Supports a variety of causes, including environmental sustainability.

ScienceUnknown

Schmidt Ocean Institute

Supports oceanographic research.

Technology and EducationUnknown

Schmidt Futures

Supports science and technology initiatives.

Wealth Trajectory