Henry Nicholas III
$22.4B
Born
Oct 08, 1959
Age
66
Source of Wealth
Semiconductors
Residence
Newport Coast, California
Citizenship
United States
Marital Status
Divorced
Children
3
Education
Bachelor of Arts/Science, University of California, Los Angeles; Doctorate, University of California, Los Angeles; Master of Science, University of California, Los Angeles
- Henry Nicholas III and business partner Henry Samueli cofounded fabless semiconductor firm Broadcom in 1991 in a Redondo Beach, Calif. condominium.
- Nicholas resigned as CEO from Broadcom in 2003 when he was just 43, five years after taking the company public.
- In 2016, Broadcom was acquired by Singapore-based chip firm Avago for $37 billion in cash and stock.
- He's now focused on passing a crime victims' rights bill known as Marsy's Law, named for his murdered sister, which is now law in 12 states.
- In 2019, Nicholas was charged with five counts of drug trafficking after police found heroin and methamphetamine in his Las Vegas hotel room.
- He took a plea deal in the drug trafficking case, agreeing to attend drug counseling and donate $500,000 to area treatment centers.
- A music enthusiast, Nicholas says his inspiration for Broadcom came from Pink Floyd lyrics.
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