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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