⬅ # 155 Anders Holch Povlsen|# 157 Georg Stumpf ➡

# 156 John Doerr 

$12.7B

Real Time Net Worth
as of 7/25/2024
$67.0M (0.53%)

# 156 John Doerr 

$12.7B

Real Time Net Worth
as of 7/25/2024
$67.0M (0.53%)
OccupationChair, Kleiner Perkins
Source of WealthVenture Capital
Age73
ResidenceWoodside, California
Marital StatusMarried
Children2
EducationMBA, Harvard University; BS, Rice University; MS, Rice University
Age-Adjusted Net Worth$5.26B
John Doerr
John Doerr
United States
Net worth: $12.7B

Self-Made Score 

Wealth History

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Biography

Early Life

L. John Doerr was born on June 29, 1951 in St. Louis, Missouri
Education: B.S. and M.E.E. in Electrical Engineering from Rice University, MBA from Harvard Business School (1976)
Joined Intel Corporation in 1974 during the development of the 8080 8-bit microprocessor.
Became one of Intel's most successful salespeople and holds patents for memory devices.
Received an offer from Kleiner Perkins in 1980 despite initial skepticism from Intel president Andrew Grove.

Venture Capital

Joined Kleiner Perkins in 1980, directing venture capital funding to tech companies like Compaq, Netscape, Symantec, and more.
Notable investments include Google, Amazon.com, and Twitter.
Co-founded and serves on the board of the New Schools Venture Fund and TechNet.
Advocated innovation in clean energy technologies and combatting climate change.

Philanthropy

Donated $1.1 billion with his wife, Ann, to Stanford University in 2022 to establish the Stanford Doerr School of Sustainability.
Signed the Giving Pledge in August 2010, committing to donate his fortune to charitable causes within his lifetime.

Political Involvement

Appointed as a member of the USA Economic Recovery Advisory Board by President Barack Obama in February 2009.
Listed as one of the founders of FWD.us in April 2013, a lobbying group primarily funded by Mark Zuckerberg advocating for immigration reform and improvements in education.

How long would it take you to become as rich as John Doerr?

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 John Doerr's net worth of $12.7B.

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

John Doerr 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 John Doerr, Venture Capital 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