BillionaireNet
III
Henry Nicholas III
Rank #113
UNITED STATEStechnologySemiconductors

Henry Nicholas III

Net Worth
$21.065B
+0.84% (24h)
Henry Thompson Nicholas III is an American businessman best known as the co-founder of Broadcom Corporation, a leading semiconductor company. Born in 1959, he earned a Ph.D. in Electrical Engineering from UCLA. His career began at TRW before co-founding Broadcom in 1991, where he served as CEO, contributing significantly to advancements in broadband and wireless technologies. Nicholas's source of wealth stems from his success in the Semiconductors industry. His net worth is estimated at $24.4 billion as of 2024. Beyond his tech achievements, Nicholas is actively involved in philanthropy, championing victims' rights through the Henry T. Nicholas, III Foundation.

The Full Dossier

Early Life and Education

Henry Thompson Nicholas III was born in Cincinnati, Ohio, on October 8, 1959. After his parents divorced, he moved with his mother and sister to Los Angeles, California. He attended Santa Monica High School and later enrolled in the United States Air Force Academy but left the program. Nicholas holds a Bachelor of Science, a Master's degree, and a Ph.D. in Electrical Engineering from UCLA. His doctoral dissertation became the basis for the integrated circuit (IC) that Broadcom sold.

Rise to Success

After graduating from UCLA, Nicholas worked at TRW. In 1991, he co-founded Broadcom Corporation with Henry Samueli in a Redondo Beach, California condominium. Broadcom went public in 1998, and under Nicholas's leadership, it became a key player in semiconductor technology. He stepped down as CEO in 2003 at age 43.

Key Business Strategies

Broadcom's success was built on creating semiconductor solutions for broadband communications. The company's early success came from creating custom chips for cable modems and digital subscriber lines (DSL), which were essential for bringing high-speed internet to homes and businesses. Nicholas and his partner, Henry Samueli, invested modestly in the company, leading it to a successful public offering.

Philanthropy

In 2003, Nicholas founded The Henry T. and Stacey Nicholas Foundation, which was later renamed The Henry T. Nicholas III Foundation. The foundation focuses on education, youth sports, technology, medical research, victims' rights, and national defense. Nicholas is also the chairman of Marsy's Law for All, an organization dedicated to enforcing a constitutional amendment that supports victims' rights.

Career Timeline

2006

Founded The Henry T. Nicholas, III Foundation

Established a foundation focused on philanthropy, including victims' rights and education.

2003

Retired as CEO of Broadcom

Stepped down as CEO of Broadcom at age 43.

1998

Broadcom Goes Public

Took Broadcom public, which quickly became a leading player in the semiconductor industry.

1991

Co-founded Broadcom Corporation

Founded Broadcom with Henry Samueli, focusing on semiconductor solutions for broadband communications.

Philanthropic Impact

Victims' Rights and Education$XB

The Henry T. Nicholas, III Foundation

Supports victims' rights, education, youth sports, technology, medical research, and national defense.

Victims' RightsUnknown

Marsy's Law for All

Supports victims' rights and aims to pass a victims' Bill of Rights as the 28th Amendment to the U.S. Constitution.

Education$57.7M

Nicholas Academic Centers

Co-founded in 2008 to provide academic support to under-resourced high school students.

Education$10M

St. Margaret's Episcopal School

Donated to the school for construction of an athletic and science center

Wealth Trajectory