Rank #882
Reed Hastings
Net worth $4.9B
Netflix · United States
- Born
- Oct 08, 1960
- Age
- 65
- Source
- Netflix
- Residence
- Santa Cruz, California
- Citizenship
- United States
- Marital status
- Married
- Children
- 2
- Education
- Bachelor of Arts/Science, Bowdoin College; Master of Science, Stanford University
Net worth over time
Biography
- Reed Hastings, cofounder and chairman of Netflix, revolutionized how the world is entertained.
- Hastings cofounded Netflix in 1997, the same year he sold his first company, Pure Software. He took Netflix public in 2002.
- Netflix originally operated as a DVD-by-mail subscription service, but began streaming content in 2007.
- Hastings stepped down as co-CEO in 2023 and has been reducing his shareholding; he now owns less than 1% of Netflix shares.
- In 2020, he and his wife Patty donated $120 million to two historically Black colleges and the United Negro College Fund. Their lifetime giving surpasses $2 billion.
- The son of a Nixon administration lawyer, Hastings studied math at Bowdoin College and served in the Peace Corps in Swaziland.
- Hastings holds a graduate degree in artificial intelligence from Stanford.
Financial assets
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