Marc Andreessen is an entrepreneur, software engineer and investor from America. He is the co-founder of Netscape, Andreessen Horowitz, and Ning which is a company that provides a platform for various social networking websites. He is also one of the boards of directors of eBay, Hewlett Packard, Facebook and many more. Let’s find out more about Marc Andreessen’s net worth in 2018.
Marc Andreessen Early Life
Marc Andreessen was born on July 9, 1971, in Cedar Falls, Iowa, to his parents Lowell and Patricia Andreessen. He was raised in New Lisbon, Wisconsin.
He went to the University of Illinois at Urbana–Champaign where he received his bachelor’s degree in computer science. While he was in college, he did an internship at IBM, Texas twice in the AIX graphics software development group. Andreessen also worked at the National Center for Supercomputing Applications (NCSA) while studying at the University of Illinois.
He along with Eric Bina created the Mosaic Web browser in the year 1993.
In 2006, Andreessen married Laura Arrillaga who is the founder of the Silicon Valley Social Venture Fund. The couple has a son “John” who was born in 2015.
Marc Andreessen Career, Awards & Achievement
Marc Andreessen started working at Enterprise Integration Technologies after his graduation in 1993. He met the founder of the company “Silicon Graphics” and together they founded Netscape Communications with their flagship web browser the Netscape Navigator.
In 1995, Marc Andreessen was into the public eye because of the Netscape’s IPO launch and he was also on the cover of the Time magazine.
In 1999, after AOL acquired Netscape, Andreessen founded another company “Loudcloud” which provided hosting and software services. Later in 2003, Andreessen sold his hosting business to Electronic Data System (EDS).
Andreessen and his business partner Ben Horowitz became super angel investors for many start-ups including Twitter and Qik. They started their own venture-capital firm “Andreessen Horowitz”. The portfolio holdings of the firm include Foursquare, Pinterest, Twitter, Facebook and many more.
In 2009, the firm acquired a majority stake of Skype for $2.75 billion. The deal paid off when it was sold to Microsoft for $8.5 billion.
In 2008, Andreessen was included in the board of directors of eBay. He served the company for six years and in 2014 he resigned from the board.
He is also an investor in many other technology start-ups like Digg, Plazes, CastTV, RockMelt, and Netvibes. Andreessen also serves on the board of many companies like Bump Technologies, Oculus VR, Dialpad, Stanford Hospital and TinyCo.
He is also the director of CollabNet and an advisor to Asana.
Awards & Achievements
In 2012, Marc Andreessen was included in the “Time 100” which is a list of the 100 most influential people in the world by the Time magazine.
In 2013, he was among the five Web pioneers to receive the inaugural “Queen Elizabeth Prize for Engineering”. He was ranked number six on the New Establishment List by Vanity Fair and number 1 in the most influential investors list by CNET in the year 2011.
In 2012, he was also ranked number 2 in the Tech’s Top Investors list by Forbes.
He was inducted into the World Wide Web Hall of Fame in the year 1994.
Net Worth of Marc Andreessen
The estimated net worth of Marc Andreessen is more than $1.3 billion. In 1999, he sold his company Netscape to AOL for $4.2 billion. In 2007, Andreessen sold his hosting and software services company “Loudcloud” to Hewlett-Packard for $1.6 billion. He is also an angel investor and has invested $4 million in more than 45 start-ups. In 2011, he received $150 million when he sold his company “Ning” to the digital lifestyle media company “Mode Media”.
Marc Andreessen is one of the most renowned entrepreneurs and investor in the world. He was included in the list of top 100 innovators in the world under the age of 35 by the MIT Technology Review TR100. He also serves as an advisor to the leaders of many big companies including Mark Pincus of Zynga and Mark Zuckerberg of Facebook.