Marc Andreessen Net Worth 2022: Salary, Age and Business Entrepreneurship

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marc andreessen net worth

An investor, software engineer, and businessman with a $2 billion net worth is Marc Andreessen. Mosaic, the first widely used web browser, was co-written by Marc. After helping to build Netscape, he rose to fame and fortune. Additionally, he co-founded the social media network Ning and the software firm Opsware.

Early Years

Although Marc Lowell Andreessen was raised in New Lisbon, Wisconsin, he was born in Cedar Falls, Iowa, on July 9, 1971. His mother Patricia worked for Lands’ End, a catalog store, while his father Lowell was employed in the agriculture industry. At the University of Illinois in Urbana-Champaign, he pursued computer science. As a college student, Marc worked as an intern twice at IBM, contributing to the creation of the AIX graphics program. The IT expert, who was born in Iowa, also worked at his university’s National Center for Supercomputing Applications (NCSA), where he gained extensive knowledge of the Internet. In 1993, Andreessen earned his bachelor’s degree.

Online Business Entrepreneurship

Marc had the notion of creating a web browser with integrated graphics when he was working at NCSA, and Mosaic was the end product. He met Jim Clark, the pioneer of Silicon Graphics while working for Enterprise Integration Technologies after graduating. Clark assisted in developing Mosaic into a company because he recognized its potential. It was then renamed Netscape, and Andreessen made a fortune when he sold it to AOL in 1999 for $4.3 billion.

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After that, he co-founded one of the earliest cloud hosting businesses, Loudcloud, which is now named Opsware.

Investment Activities

Additionally, Marc Andreessen rose to prominence as a top angel investor. Between 2005 and 2009, he and his longtime business partner Ben Horowitz invested over $80 million in 45 firms.

marc andreessen net worth

They established the venture capital firm Andreessen Horowitz, popularly known as a16z, for this reason. Twitter, Pinterest, GitHub, Facebook, Skype, Foursquare, and LinkedIn are some of Marc’s best investments. He joined the board of directors for eBay as well.

Earnings and Net Worth

By investigating cutting-edge internet technologies and selling his companies at an opportune time, Marc Andreessen amassed a fortune. The cloud hosting provider Loudcloud and the web browser Mosaic were both pioneers in their respective fields. He increased his concentration on venture capitalism with Andreessen Horowitz after selling his web businesses for billions. He launched the a16z Crypto venture capital fund to invest in web3 firms, but he hasn’t revealed what his cryptocurrency holdings are. His net worth is reportedly $1.6 billion.

Criticisms

Over the years, Andreessen has come under fire for his ignorant remarks. He received backlash for a tweet he sent out at the start of 2016 suggesting that anti-colonialism had been detrimental to India and its citizens. Shortly after, he sparked controversy by endorsing right-wing political pundit Milo Yiannopoulos, a British journalist renowned for his nasty, racist, and sexist beliefs.

Andreessen faced criticism for a separate professional conflict of interest in 2016, in which he is said to have privately guided Facebook founder Mark Zuckerberg through a procedure to obtain board approval for a stock change, all the while Andreessen was a nonvoting board member who represented stockholders. Shareholders of Facebook launched a class-action lawsuit to prevent Mark Zuckerberg from establishing a new class of shares without voting rights.

Actual Estate

Marc and Laura spent $177 million on a remarkable 7-acre Malibu clifftop home in October 2021. The most expensive home sale in California history was set with this acquisition. Marc and Lara spent $44.5 million on a second Malibu beach house in March 2022.

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The 7,000 square foot estate, which includes 4 bedrooms, 4.5 baths, and space for 14 automobiles, is located on two acres immediately on the beach and has 130 feet of ocean frontage.

FB Shares SEC Form 4 Insider Trade By Mr. Andreessen

According to Form 4 submitted to the SEC, Marc has traded the shares of Meta Platforms Inc. more than 38 times since 2010. On May 15, 2022, he most recently exercised 946 FB stock units totaling $186,021 in value.

marc andreessen net worth

His greatest transaction to date was the purchase of 3,995,652 shares of Meta Platforms Inc stock on December 17, 2021, for a total cost of about $91,899,996. Since 2008, Marc has traded 93,422 units per 30 days on average. He still had at least 45,380 shares of Meta Platforms Inc stock as of May 15, 2022.

Marc Andreessen’s Path to Wealth

Co-founding the web browser company Netscape, which AOL acquired in 1998 for $4.2 billion in shares, is his initial claim to fame. The biggest success for Andreessen was his early investment in Facebook. Additionally, he co-founded Loudcloud, which was later renamed Opsware and sold to Hewlett-Packard in 2007 for $1.6 billion.

What is Marc Andreessen’s Height?

6-foot-5 inches tall: Andreessen, who is forty-three years old and six feet five inches tall, has a skull that is so enormous, bald, and rectangular that adjectives like “jumbo” and “Grade A” immediately come to mind.

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He was the driving force behind Netscape, the Web browser that helped spark the Internet revolution, twenty years ago.

Andreessen, Marc Lowell Age, and Other Details

Do you know how old Marc Lowell Andreessen is? You can find all the details, including his birth date and place of birth, in the section below. You may have heard that he was born on July 9, 1971. He is 50 years old now. He was born in Cedar Falls, Iowa, in the United States.

Marc Andreessen’s Spouse and Girlfriend Information

Do you know Marc Lowell Andreessen’s marital status? To quench your hunger, certain details of his private life have been depicted here.

marc andreessen net worth

You may find details about affairs, marital status, hobbies, and other things on the table. Additionally, we have written here about favorite people, colors, foods, and other things. To learn more about the marriage history of your favorite individual, check the table.

Marital Status Married
Spouse Laura Arrillaga-Andreessen(m. 2006)
Daughter and Son Yes (John Andreessen)

Frequently Asked Questions

What Is Marc Andreessen’s Height?

His height is 1.9 m.

How Old is Marc Andreessen?

Marc Lowell Andreessen is fifty years of age.

How Much Money Is Marc Andreessen Worth?

There is a $1.5 billion net worth.

In What City Was Marc Andreessen Born?

Marc Andreessen was born in Cedar Falls, Iowa, in the United States.

Which Venture Capitalist Is The Wealthiest?

With a net worth of $12.7 billion as of March 3, 2021, Doerr was listed by Forbes as the 303rd richest person in the world and the 105th richest person in the United States as of July 2017.

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