⬅ # 523 Ding Shizhong|# 525 Ding Shijia ➡

# 524 Jeff Rothschild 

$5.75B

Real Time Net Worth
as of 7/25/2024
$117.4M (2.04%)

# 524 Jeff Rothschild 

$5.75B

Real Time Net Worth
as of 7/25/2024
$117.4M (2.04%)
OccupationAdvisor, Meta Platforms
Source of WealthFacebook
Age69
ResidencePalo Alto, California
Marital StatusMarried
Children3
EducationBS, Vanderbilt University; MS, Vanderbilt University
Age-Adjusted Net Worth$3.12B
Jeff Rothschild
Jeff Rothschild
United States
Net worth: $5.75B

Self-Made Score 

Wealth History

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Biography

Overview

Jeffrey Jackiel Rothschild, born on February 28, 1954, is an American billionaire known for co-founding Veritas Software and his pivotal role at Facebook.
Rothschild made his fortune as the founding engineer and former VP of infrastructure engineering at Facebook, where he accumulated a significant stake.
Before Facebook, he co-founded Veritas Software, which was acquired by Symantec for $13.5 billion in 2004.

Early Life

Born to Beverley and William B. Rothschild, Jeffrey grew up in a family with a background in commodities importation.
He earned his bachelor's and master's degrees from Vanderbilt University in 1977 and 1979, respectively.
Despite his surname, he is not related to the Rothschild banking family and is of Jewish descent.

Career

Rothschild's career began with engineering roles at Honeywell and Intel before co-founding Veritas Software in 1988.
He later co-founded Mpath Interactive, which went public in 1999, and served as an advisor at Accel Partners.
In 2005, he joined Facebook as the VP of infrastructure engineering, where he became the oldest employee at the time.
During his tenure, Rothschild accumulated significant ownership with 18 million Facebook shares by 2012.

Other Activities

Outside of his professional endeavors, Rothschild is involved in philanthropy, serving as vice chair of the Vanderbilt University board of trustees.
He and his wife, Marieke, have supported their alma mater with endowed scholarships and substantial donations for campus construction.
His philanthropic efforts focus on enhancing educational opportunities, particularly in engineering and the arts.

Personal Life

Rothschild resides in Palo Alto, California, with his wife Marieke and their three children.

Board Memberships

In 2018, Rothschild joined the board of Pure Storage, a data storage company based in Mountain View, California.
His board membership at Pure Storage adds to his continued involvement in the technology sector beyond his tenure at Facebook.

How long would it take you to become as rich as Jeff Rothschild?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Jeff Rothschild's net worth of $5.75B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Jeff Rothschild is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Jeff Rothschild, Facebook is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey