Billionaires

Steve Case Net Worth

Published

4 mins ago

April 18, 2024

Daniel Wanburg

Steve Case's Net Worth as of 2024
$1.5 Billion

Stephen McConnell “Steve” Case was born on the 21^st August 1958 in Honolulu, Hawaii USA, and is an entrepreneur and businessman, best known as the founder of the Revolution LLC Investment Company, and former chairman and CEO of AOL. He has been active in the business world since the 1980s.

Have you ever wondered how rich Steve Case is? According to sources, it has been estimated that Steve`s net worth is $1.5 billion, an amount he has acquired through his successful business ventures.

Steve Case Net Worth $1.5 Billion

Steve grew up in Honolulu with two brothers and a sister; his father was a lawyer – one of the founders of the law firm Case, Lombardi & Petit – and his mother was a teacher at an elementary school. Regarding his education, Steve attended the Punahou School, after which, in 1976, he enrolled at the private Williams College in Williamstown and graduated with a degree in political science in 1980.

Soon after he finished his education, Steve found a job at Procter & Gamble as an assistant manager, where he worked for two years. After that he joined Pizza Hut Inc. based in Kansas, as a manager of the new pizza marketing. These positions both contributed to the start of his net worth..

Steve`s brother Dan was at the time an investment banker, and knew a few people of importance, eventually introducing Steve to Bill von Meister, CEO of the Control Video Corporation. Steve was subsequently hired as a marketing consultant, and eventually became the full-time marketing employee. However, the Control Video Corporation went bankrupt, but a new company was born out of its remains – Quantum Computer Services – by Jim Kimsey. In 1985, Steve was appointed vice president of marketing, and two years later was promoted to executive vice president, which only increased his net worth.

Four years later, Steve became the CEO of the company, and in 1995 finally took charge as its chairman, after Kimsey decided to retire. Since then, the company has changed its name to America Online, and then shortened to AOL, and has immensely grown in its worth and popularity, and Steve’s net worth alongside it.

In 2001, it merged with Time Warner, to make the biggest ever media corporation in history, with a deal which valued the corporation at around $164 billion. However, after two years, the deal fell apart after a number of accounting scandals, and Case left AOL as its chairman, but stayed on the board of directors until 2005.

In 2005, Steve founded the Revolution LLC, an investment firm, alongside Donn Davis and Tige Savage, which further increased Steve`s net worth, and over the years, it has become the main source of his net worth. Some of the most notable investments of the company include ZipCar, which Revolution LLC bought for $500 million, and LivingSocial. Other investments include start-ups and companies such as BenchPrep, Optoro, Bigcommerce, and numerous others.

When it comes to his personal life, Steve was married to Joanne Barker from 1985 until 1996, having met while in college, and they have three children. Two years later, Steve married Jean Villanueva, who was an executive at AOL at the time. They live in McLean Virigina, in a house in which Jacqueline Bouvier spent her childhood. Steve`s children from previous marriage also live with them, as well as Jean`s child form her previous marriage.

Steve is also known for his philanthropic activities, as in 2011 he and his wife became members of the ‘The Giving Pledge’ founded by Bill Gates and Warren Buffett among others. Steve has also donated $10 million to the Punahou School.

Daniel Wanburg

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Billionaires

Jefferey Hildebrand Net Worth

Published

41 seconds ago

April 18, 2024

Daniel Wanburg

Jeffery Hildebrand is a successful American businessman, born in 1959, and best known as the founder, CEO and chairman of the Hilcorp Energy Company, which is now one of the largest oil and natural gas exploration and production companies privately-held in the US.

Have you ever wondered how rich Jeffery Hildebrand is? According to sources, it has been estimated that Jeffery Hildebrand’s overall net worth is $4.2 billion, accumulated through an outstandingly successful and lucrative career as an entrepreneur, since the early ‘90s. As he is still an active businessman, his net worth continues to increase.

Jeffery Hildebrand Net Worth $4.2 Billion

Jeffery attended the University of Texas at Austin, where he first earned a bachelor’s degree in geology in 1981 and then a master’s degree in petroleum engineering four years later. During his studies, Hildebrand was also a member of the Pi Epsilon Tau fraternity. His career beginnings were at the American Energy Capital Corporation, Exxon Company and the Dan A. Hughes Company.

However, his career really started moving upwards in 1989, when he founded Hilcorp Energy Company. This oil and gas exploration and production company, headquartered in Houston, soon became one of the leaders in the US. It now has operations in multiple states including the Rockies, the Gulf Coast and Northeast US, as well as Alaska. In 2011, the company sold its interests in Eagle Ford Shale to Marathon Oil for approximately $1.4 billion. Years after its foundation, it appeared on Fortune Magazine’s 100 Best Companies to Work For three years in a row – in 2013, 2014 and 2015. This proved to be true, as Jeffery gave each one of his 1400 employees a $100,000 bonus to thank them for their efforts in making his business the most profitable privately held oil and gas company in the US.

Apart from this, Hildebrand is a member of several other associations, including the Engineering Advisory Board, The National Petroleum Council, the Houston Energy Finance Group, the All American Wildcatters, the Independent Petroleum Association of America, the American Association of Petroleum Geologists, the Texas Independent Petroleum Royalty Owners Association, the Louisiana Independent Oil and Gas Association among many others. He was also appointed to the University of Texas Regent Wallace Hall in 2011.

The successful businessman that he is, Jeffery holds several other positions, on the boards of Central Houston, Inc. the Houston Livestock Show and Rodeo and the Houston Police Foundation. He is Vice-Chairman of the University of Texas Systems Board of Regents, chairman of the University of Texas Investment Management Company, and a member of the University Lands Advisory Board.

When it comes to his private life, Jeffery is married to Mindy; they have three children and reside in Houston, Texas. As for political involvement, since the beginning of the 2000s, Hildebrand has donated more than $360 000 to politician Rick Perry.

Billionaires

Jorge Perez Net Worth

Published

52 seconds ago

April 18, 2024

Daniel Wanburg

Jorge M. Perez is a real estate developer and author, born on 17th October 1949 in Buenos Aires, Argentina. He is now one of the more successful entrepreneurs in the US, and has developed or managed around 90,000 residences in the past four decades. Jorge is also a longtime friend of US President Donald Trump, with whom he has cooperated in building Trump-branded properties.

Have you ever wondered how rich Jorge Perez is? According to sources it has been estimated that Jorge Perez’s overall net worth is $2.8 billion, accumulated through his business career which now spans more than forty years. Since he is still an active businessman, his net worth continues to increase.

Jorge Perez Net Worth $2.8 Billion

Perez was born to Cuban parents of Spanish origin, and actually grew up in Colombia, before his family migrated to the US – Miami – in 1968. He studied at Long Island University C.W. Post Campus, graduating with a bachelor’s degree, and went on to further his knowledge at the University of Michigan, where he earned a master’s degree in urban planning. Before entering the real estate business and becoming a developer, Jorge was an economic development director in Miami. However, in 1979 he met New York developer Stephen Ross, and the two founded “The Related Companies”. The business grew as time went by, and Perez made his fortune by building and operating affordable housings during the ‘80s. Over the years, his company partnered with famous names in interior design and architecture, collaborating with people like Bernardo Fort Brescia, Philippe Starck, Piero Lissoni, Karim Rashid, David Rockwell and many others. In time, they switched to high-end condo constructions and became one of the most prolific condo builders in the Southern US, which launched Perez to the top of the Hispanic Business 500 list. Clearly his net worth was already substantial.

Apart from being a successful businessman, Jorge is also an active Democratic fund raiser, who advised Bill Clinton and raised money for the presidential campaign of Senator Hillary Clinton.
After Barack Obama became the presidential nominee in 2008, Perez also hosted and raised money for the future president. The financial crisis of 2007-2010 didn’t hit Jorge, as he weathered it by changing the way of his business. Most of his projects were financed by equity partners, so the company took on much less debt. His net worth continued to rise.

Perez is also known as President Donald Trump’s longtime friend and business partner, the two having co-operated on three Florida projects together over the years. Jorge is actively involved in supporting the cultural life of Miami, and often sponsors programs such as Miami International Film Festival, The National Young Arts Foundation and Independent Film/Video Artists Program.

The Perez Art Museum in Miami received a $40 million donation from his company and the Jorge M.Perez Architecture Center at the University of Miami was named after him.

Privately, Jorge and his wife Darleen have four children, and reside in Miami.