Portrait of Reid Hoffman

Rank #1561

Reid Hoffman

Net worth $2.7B

LinkedIn · United States

Born
Aug 05, 1967
Age
58
Source
LinkedIn
Residence
Palo Alto, California
Citizenship
United States
Marital status
Married
Children
0
Education
Master of Science, Oxford University; Bachelor of Arts/Science, Stanford University

Net worth over time

Biography

  • Reid Hoffman cofounded professional networking site LinkedIn in 2003 and is a partner at venture capital firm Greylock Partners.
  • In 2016, Hoffman sold LinkedIn to Microsoft for $26.2 billion in cash and joined Microsoft's board.
  • He is an investor in Airbnb, which went public in 2020, and autonomous driving pioneer Aurora, which acquired Uber's self-driving unit.
  • Hoffman is part of the so-called "PayPal Mafia," and was one of the first employees at the payment company that was later sold to eBay.
  • Before PayPal, Hoffman created the (failed) dating site SocialNet, which some regard as the first online social network.
  • He has put more than $1.5 billion into impact investments through charitable entities like donor-advised funds. Forbes excludes this sum from his fortune.
  • Hoffman was an early investor in Facebook; he put in $40,000 after introducing Peter Thiel to the startup in 2004.
  • He hosts the podcast "Masters of Scale," which discusses startup scaling with tech leaders and has been downloaded more than 50 million times.

Financial assets

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