⬅ # 505 Tom Golisano|# 507 Luis Carlos Sarmiento ➡

# 506 Michael Moritz 

$6.36B

Real Time Net Worth
as of 11/21/2024
-$9.0M (-0.14%)

# 506 Michael Moritz 

$6.36B

Real Time Net Worth
as of 11/21/2024
-$9.0M (-0.14%)
OccupationPartner, Sequoia
Source of WealthVenture Capital
Age70
ResidenceSan Francisco, California
Marital StatusMarried
Children2
EducationBS, Christ Church, Oxford University; MBA, University of Pennsylvania, The Wharton School
Age-Adjusted Net Worth$3.23B
Michael Moritz
Michael Moritz
United States
Net worth: $6.36B

Self-Made Score 

Movado Museum Classic Men's Watch - Swiss Quartz Movement

Wealth History

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Biography

Early Life and Education

Born on September 12, 1954, in Cardiff, Wales, to German Jewish parents who fled Nazi Germany, Michael Jonathan Moritz's father was a professor and his mother a refugee.
Attended Howardian High School in Cardiff and later pursued a bachelor's degree in history at Christ Church, Oxford, followed by an MBA from the Wharton School of the University of Pennsylvania as a Thouron scholar.

Career As a Journalist

Began his career as a journalist, eventually becoming Time magazine's San Francisco Bureau Chief.
Documented the development of the Macintosh for Steve Jobs, resulting in the book 'The Little Kingdom,' providing an insider's view of Apple's early days.

Venture Capitalist Career

Joined Sequoia Capital in 1986 after co-authoring 'Going for Broke: The Chrysler Story' and co-founding Technologic Partners.
Invested in notable companies like Google, LinkedIn, and PayPal, contributing to his ranking as the top venture capitalist on the Forbes Midas List in 2006 and 2007.

Transition From Sequoia Capital

Stepped down from Sequoia Capital in July 2023 after 38 years due to health reasons.
Focused on Sequoia Heritage, an independent wealth management fund, shifting away from venture capital leadership roles.

San Francisco Standard

Funded the San Francisco Standard, a for-profit news website centered on San Francisco.
CEO of the SF Standard is Griffin Gaffney, also involved in Here/Say Media and TogetherSF, Moritz-funded organizations.

Honors and Philanthropy

Received numerous honors including a Knighthood, honorary fellowships, and doctorates for philanthropic and economic contributions.
Signatory of The Giving Pledge, committed to donating at least half of his wealth to charitable causes.
Made significant donations to various educational institutions and organizations, including Oxford University, Juilliard School, and ACLU.

Personal Life

Resides in San Francisco with his wife, novelist Harriet Heyman, and their two children.
Diagnosed with a rare medical condition in May 2012, prompting him to step back from day-to-day responsibilities while assuming the position of chairman at Sequoia Capital.

Michael Moritz's Wealth is Equivalent to:

4,894,534 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,203,027 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

64,980 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Michael Moritz?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Michael Moritz's net worth of $6.36B.

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 58.67% compared to 23.91% for the S&P 500 benchmark.

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

Michael Moritz 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 Michael Moritz, 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey