Portrait of Douglas Leone

Rank #258

Douglas Leone

Net worth $12.2B

Venture capital · United States

Born
Jul 04, 1957
Age
68
Source
Venture capital
Residence
Atherton, California
Citizenship
United States
Marital status
Married
Children
4
Education
Master of Science, Columbia University; Bachelor of Arts/Science, Cornell University; Master of Business Administration, MIT Sloan School of Management

Net worth over time

Biography

  • Doug Leone ran VC firm Sequoia from 1996 to 2022.
  • During his tenure, Leone guided Sequoia into tech investments including Rackspace, RingCentral, ServiceNow, Nubank, and Wiz, which Google offered to acquire for $32 billion in March 2025.
  • He inherited the reins from firm founder Don Valentine in the mid-1990s, alongside Michael Moritz.
  • He started his tech career at Sun Microsystems, a firm cofounded by another billionaire venture capitalist, Vinod Khosla.
  • An Italian immigrant, Leone looks for entrepreneurs from humble, far-flung backgrounds.
  • When Leone moved to New York with his family at age 11, he barely spoke a word of English.
  • He's known for getting up at 4:30 a.m. to work out before a day at the firm.
  • Leone's first job was collecting golf balls by hand at a driving range. He lasted two days.

Financial assets

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