Tony Hsieh is an internet entrepreneur who is of American nationality. Hsieh is also a venture capitalist, and he is the CEO of the famous online clothing and shoe store known as Zappos. Before he founded Zappos, Hsieh co-founded LinkExchange. It was a network dealing with Internet advertising. In the year 1998, Tony Hsieh sold LinkExchange to Microsoft for a handsome amount of $265 million. Let’s check out the net worth of this talented and ingenious personality in 2018.
Tony Hsieh early life
Born in the year 1973 on the monthly December, the birthplace of Tony Hsieh is Illinois. His parents are Richard Hsieh and Judy Hsieh. Both of them belong to Taiwan. Tony Hsieh spent his childhood days in California, San Francisco Bay area and currently is the resident of Nevada, Las Vegas. He is the elder brother of Dave Hsieh and Andy Hsieh. In the year 1995, Tony Hsieh became a graduate of Harvard University. He has a degree in computer science. While studying at Harvard University, Tony used to sell pizza and manage the Quincy House Grille. The most loyal customer of Tony was Alfred Lin who later on became the COO and CFO of Zappos.
After graduating, Tony became an employee at Oracle Corporation where he served for five months before realizing that he was not satisfied with this job. After quitting Oracle, Tony founded Link Exchange with another ex-employee of Oracle, Sanjay Madan. Then he sold this organization to Microsoft in 1998. In 2010, a book named Delivering Happiness was released by Tony Hsieh which is based on his entrepreneurship skills. This book was profiled in many popular publications including The Wall Street Journal and The Washington Post. The book became a number one seller and conquered the number one post on the New York Times bestseller list.
Tony Hsieh Career, Awards & Achievement
After graduating from Harvard University on computer science, Tony Hsieh joined Oracle Corporation. Later due to dissatisfaction with his job he quit Oracle and co-founded LinkExchange. In the year 1998, he sold Link Exchange to Microsoft for a sum of $ 265 million. An investment firm or an incubator named, Venture frogs was co-founded by Tony Hsieh after he sold LinkExchange. His partner in this project was Alfred Lin. In the year 1999, it was Nick Swinmurn who gave an idea of selling shoes to Tony and Alfred. In the same year, Tony Hsieh joined Zappos as the CEO. In the year 2009, Amazon made a deal with Zappos which was worth $ 1.2 billion and Tony has made almost an amount of $ 214 million. Later in the year 2011, Tony Hsieh became part of the board of JetSuite. Tony is very much influential on Twitter with a huge number of followers. But lately, he has become very inactive on Twitter.
Awards and achievements
In the year 2007, Tony Hsieh was awarded the prestigious Ernst & Young in the category of Entrepreneur of the year. In the year 1993, Tony Hsieh along with his Harvard mates, Derrick Bass and Craig Silverstein has won the world championship for ACM international collegiate project programming contest.
Net worth of Tony Hsieh
The net worth of Tony Hsieh is estimated to be around $1 billion. He made a good deal with Microsoft by selling Link Exchange for an amount of $265 million.
Tony Hsieh is born to Richard Hsieh and Judy Hsieh who are from Taiwan. He was born in Illinois and currently he is living in Las Vegas. Tony was a bright student who did his graduation in computer science from Harvard University. After passing out, he founded Link Exchange but later sold it to Microsoft. Presently he is the CEO of Zappos.