BillionaireNet
Zaharia
Matei Zaharia
Rank #1020
ROMANIATechnologyData analytics

Matei Zaharia

Net Worth
$3.9B
0% (24h)
Matei Zaharia is a Romanian-Canadian computer scientist and entrepreneur, best known as the creator of Apache Spark. As CTO and co-founder of Databricks, his wealth source is data analytics and has been instrumental in the advancements of big data and AI. His career includes academic achievements and significant contributions to the technology industry. As of 2024, his estimated net worth is $2.5 Billion, ranking him among the wealthiest in his field.

The Full Dossier

Early Life and Education

Matei Zaharia was born in Bucharest, Romania, on January 5, 1987. His family later moved to Canada, where he attended Jarvis Collegiate Institute in Toronto. Zaharia then pursued higher education at the University of Waterloo, earning a Bachelor of Science degree. He graduated with a high GPA, and excelled in the International Collegiate Programming Contest, winning a gold medal in 2005, where his team placed fourth in the world. He later earned a Ph.D. in Computer Science from the University of California, Berkeley, in 2013.

Rise to Success

Zaharia's career is marked by his pivotal contributions to the field of computer science, especially in data analytics. While at UC Berkeley's AMPLab in 2009, he created Apache Spark, an open-source, distributed computing framework. Spark became a faster alternative to MapReduce and revolutionized data processing. In 2013, Zaharia co-founded Databricks with several colleagues, serving as CTO. Databricks developed a cloud-based platform for data analytics and AI, built upon the foundation of Apache Spark, and has grown to serve over 15,000 organizations.

Key Business Strategies

Databricks has focused on creating a unified data analytics platform, combining the benefits of data lakes and data warehouses. This "lakehouse" architecture allows for processing both structured and unstructured data, enhancing business analytics and AI applications. The company has also expanded through strategic partnerships and acquisitions, including the purchase of Tabular in 2024. Databricks' commitment to open-source projects like Delta Lake and MLflow has increased its reach, contributing to its growth and valuation. The company's revenue is driven by a pay-as-you-go model, with premium tiers offering enhanced security and governance features. Databricks is also investing in AI development, with products like Databricks SQL and AI tools.

Philanthropy

I was unable to find information about Matei Zaharia's specific philanthropic activities. However, Databricks is committed to offering an exceptional employee experience, and the company supports its employees in various ways, including offering resources to help with their career development, family planning, caregiving, and mental wellness. Databricks also supports career development through activities like courses and conferences.

Career Timeline

2023

UC Berkeley Faculty

Joined the faculty of UC Berkeley as an associate professor.

2019

Presidential Early Career Award

Received the Presidential Early Career Award for Scientists and Engineers.

2014

ACM Doctoral Dissertation Award

Received the ACM Doctoral Dissertation Award for his research on large-scale computing.

2013

Co-founded Databricks

Co-founded Databricks and serves as Chief Technology Officer.

2009

Creator of Apache Spark

Created Apache Spark as a faster alternative to MapReduce while at UC Berkeley's AMPLab.

2005

Gold Medalist

Gold medalist at the International Collegiate Programming Contest.

Wealth Trajectory