⬅ # 283 M.A. Yusuff Ali|# 285 Piero Ferrari ➡

# 284 Mark Stevens 

$8.80B

Real Time Net Worth
as of 6/25/2024
$326.6M (3.71%)

# 284 Mark Stevens 

$8.80B

Real Time Net Worth
as of 6/25/2024
$326.6M (3.71%)
OccupationPartner, Sequoia Capital
Source of WealthVenture Capital
Age64
ResidenceSteamboat Springs, Colorado
Marital StatusMarried
Children3
EducationMBA, Harvard University; BS, University of Southern California; MS, University of Southern California
Age-Adjusted Net Worth$6.71B
Mark Stevens
Mark Stevens
United States
Net worth: $8.80B

Self-Made Score 

Wealth History

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Biography

Early Life and Education

Mark Stevens was born in 1960 in the United States.
He earned bachelor's and master's degrees from the University of Southern California (USC) and later obtained an MBA from Harvard Business School.
During his time at USC, Stevens was a member of the Phi Kappa Psi fraternity.
Stevens began his career at Intel in 1982, initially working in technical sales and later transitioning to marketing and sales roles while pursuing his master's degree.
In 1987, Stevens left Intel to pursue an MBA at Harvard Business School.

Career Highlights

Stevens joined Sequoia Capital in 1989 as a partner, focusing on semiconductor, software, and systems-related investments.
During his tenure at Sequoia, Stevens became a notable figure on Forbes' Midas List of top venture capitalists.
He played a key role in numerous successful investments, including Google, Yahoo!, Nvidia, and YouTube.
Stevens founded S-Cubed Capital and is actively investing in startups through the firm.
He was one of the five voting partners at Sequoia Capital responsible for notable investments.
In 2013, he became an investor in the Golden State Warriors NBA basketball team by purchasing shares previously held by Vivek Ranadive.

Philanthropy

In 2004, Mark and his wife Mary donated $22 million to establish the USC Stevens Institute for Technology Commercialization.
In 2015, they donated $50 million to endow and name the USC Mark and Mary Stevens Neuroimaging and Informatics Institute.
The USC Stevens Institute expanded its scope to include other disciplines and was renamed USC Stevens Center for Innovation.
Mark Stevens is a member of the USC Viterbi School of Engineering Board of Councilors and the USC Board of Trustees.
He previously served on the board of trustees of the Menlo School in Menlo Park, California.
Mark and Mary Stevens are signers of The Giving Pledge, pledging to donate a significant portion of their wealth to charitable causes.

How long would it take you to become as rich as Mark Stevens?

If you started with $10,000 and invested an additional $500 each month at a 44.13% CAGR, it would take you 5 years to reach Mark Stevens's net worth of $8.80B.

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 48.35% compared to 16.28% for the S&P 500 benchmark.

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Mark Stevens 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 Mark Stevens, 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