Meg Whitman is an American business executive. She has served as CEO and in senior management positions in many business enterprises of repute. Also a political activist, she ran for Governor of California. She was named 20th in the Forbes list of 100 most powerful women in the world.
In the year 2008 New York Times considered her among the women who are most likely to become the first female president of America. She is among the wealthiest women of California. Let’s find out how much is Meg Whitman’s net worth in 2018.
Meg Whitman early life:
Meg Whitman was born in Cold Spring Harbor, New York on 4th August 1956 to Margaret Cushing and Hendriks Hallett Whitman. She attended Cold Springs Harbor School from where she graduated in the year 1974. Initially a science student, she switched over to economics in which she did her B.A in the year 1977 and thereafter obtained an M.B.A from Harvard Business School in 1979.
Meg Whitman Career, Awards & Achievement
Meg Whitman started her career as a Manager in Proctor and Gamble Company in Cincinnati, Ohio and thereafter she worked a consultant at Bain and Company San Francisco where she rose to the rank of Vice President.
She joined Walt Disney Company in 1989 as Vice President and after this her next assignment was at Stride Rite Corporation in which she became President and CEO. She was also General Manager at Hasbro Playschool Division.
Meg Whitman joined EBay in 1998 and in the year 2008 the company had a phenomenal growth of annual revenue from 4 million dollars to 8 billion dollars. She made many changes in the business model of the company and splitting it into 23 categories and assigning each category to different executives. Her 10 years in EBay was the most fruitful and innovative period of her career.
She joined as CEO of Hewlett Packard in September 2011 and left in 2017.
Meg Whitman endorsed Mitt Romney’s Presidential campaign in 2008 and later John McCain’s campaign, who lost to Barack Obama. In 2016 she supported Chris Christie’s Presidential campaign, who withdrew and endorsed President Donald Trump. Meg Whitman thereafter endorsed Hillary Clinton’s presidential campaign.
Awards and achievements:
Meg Whitman was inducted into US business Hall of fame in the year 2008.
Fortune magazine cited her as one of the top five most powerful women of the world.
Harvard Business Review hailed her as the 8th best performing CEO’s of past decade.
Financial Times listed her in the list of 50 faces that shaped the decade.
In 2008 The New York Times cited her as among the women most likely to become President of US.
Meg Whitman was awarded Glamour woman of the year Award.
Net worth of Meg Whitman
Meg Whitman’s net worth is estimated $3.5 billion . Her assignments as business executive of the companies like Walt Disney, Proctor and Gamble, Hasbro and as CEO of EBay and Hewlett Packard has earned her a steady income. Her EBay stint was the most fruitful for her in terms earnings.
All the above assignments added to her net worth as it reached $3.5 billion.
Meg Whitman had a brilliant academic career which she used to the maximum to become a successful business executive. Her Masters in Business Administration from Harvard made her amply qualified to head reputed business organisations successfully. As a CEO of EBay she made a small company jump into big league in few years by her successful business strategies.
Her political position and views are in favour of job creation, reduction of Government spending and reform of educational system. She believed in balancing the need to preserve environment with creating job opportunities.
Meg Whitman is known for her charities. She has donated millions of dollars to her charitable foundation for environmental defence fund and education.