Tuesday, May 21, 2024
HomeBusinessCEOsHenry Samueli Net Worth

Henry Samueli Net Worth

Henry Samueli (born September 20, 1954) is an American businessman, engineer, and philanthropist.

He is the co-founder of Broadcom Corporation, owner of the National Hockey League‘s Anaheim Ducks, and a prominent philanthropist in the Orange County, California community. He serves as chairman of the Board of Broadcom Inc. He is also a Professor (on leave of absence) in the Electrical and Computer Engineering Department at UCLA, and a Distinguished Adjunct Professor in the Electrical Engineering and Computer Science Department at UC Irvine.

He holds honorary doctorate degrees from the Technion-Israel Institute of Technology[1] and the National Chiao Tung University in Taiwan.

He is a named inventor in 75 U.S. patents. He is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE) for contributions to VLSI architectures and realizations for high-bit rate digital communication systems. He is also a Fellow of the American Academy of Arts and Sciences (AAAS). He was also elected a member of the National Academy of Engineering (NAE) in 2003 for pioneering contributions to academic research and technology entrepreneurship in the broadband communications system-on-a-chip industry. In 2012 Samueli won the Marconi Prize and Fellowship for “pioneering advances in the development and commercialization of analog and mixed signal circuits for modern communication systems, in particular the cable modem.

What is Henry Samueli’s Net Worth?

Henry Samueli is an American tech entrepreneur and sports team owner who has a net worth of $10 billion. Dr. Henry Samueli earned his fortune as the co-founder of semi-conductor/software conglomerate Broadcom Corp. His significant contributions to the semiconductor industry and his visionary approach to business have had a profound impact on the technology landscape. Along with his professional achievements, Samueli’s philanthropic efforts demonstrate his commitment to social responsibility and community betterment. In 2005 Henry Samueli purchased the NHL’s Anaheim Ducks franchise. The Ducks won the NHL championship two years later.

Net Worth: $10 Billion

Date of Birth: Sep 20, 1954 (69 years old)

Place of Birth: Buffalo

Gender: Male

Profession: Entrepreneur, Businessperson

Nationality: United States of America

Early Life

Henry Samueli was born in Buffalo, New York on September 20, 1954.

His family moved to Los Angeles, California, when he was a child. Samueli showed early promise in math and science, sparking a lifelong interest in technology and engineering. He received his bachelor’s degree, master’s degree, and Ph.D. in Electrical Engineering from the University of California, Los Angeles (UCLA).

College

Before co-founding Broadcom, Samueli had an illustrious academic career. He joined the Electrical Engineering faculty at UCLA in 1985, where he focused his research on communications systems. Later, he transferred to the University of California, Irvine (UCI) as a professor. His time in academia influenced his approach to business, emphasizing innovation and lifelong learning.

Broadcom

In 1991, Samueli co-founded Broadcom Corporation with Henry Nicholas, a fellow UCLA graduate. The pair started the company with the goal of developing semiconductor technology for the broadband communications market. The two Henrys both chipped-in $5,000 to launch the business.

Under Samueli’s leadership as Chief Technical Officer, Broadcom pioneered a series of innovations that propelled it to a leading position in the industry. The company went public in 1998, making Samueli a billionaire.

Broadcom reached $1 billion in revenue faster than any US semiconductor company in history. By 2011, the company’s revenues reached $7.4 billion. In 2016 Broadcom was acquired by Avago Technologies for $37 billion.

Net worth

As of February 2021, Forbes estimates Samueli’s net worth at $6.3 billion.

Personal life

Samueli resides with his wife Susan in Newport Beach, California.

Education

Samueli’s parents, Sala and Aron, were Polish-Jewish immigrants who survived the German Nazi occupation of Europe and arrived in the United States with almost nothing. Samueli stocked shelves in his family’s Los Angeles liquor store and graduated from Bancroft Junior High School and Fairfax High School.[8] Samueli became interested in electronics while building an AM/FM radio during a shop class at Bancroft.

Samueli attended UCLA, where he received his bachelor’s degree (1975), master’s degree (1976), and Ph.D (1980), all in the field of electrical engineering. His Ph.D. advisor was Alan N. Willson Jr. and his Ph.D. dissertation is titled “Nonperiodic forced overflow oscillations in digital filters.”

Awards and honors

- A word from our sponsors -

Most Popular

More from Author

Angola’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Here's a look at Angola's wealthiest individuals in 2024, highlighting the...

Algeria’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Algeria, with its significant oil and gas reserves, has a group...

Ethiopias’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Ethiopia, known for its rich cultural heritage, is also home to...

- A word from our sponsors -

The Call for Socio-Economic Transformation in Africa: President Museveni’s Vision for the Future

Rethinking Development: Museveni's Call for a Transformative ApproachIn a world where the dialogue on development often swirls around the ideals of sustainability and equilibrium, President Yoweri Museveni of Uganda presents a compelling alternative that calls for immediate, radical change. His candid thoughts, expressed during a gathering of...

The Inauguration of Nakivubo Stadium: Celebrating Ugandan Ingenuity and Ambition

Join the celebration of Nakivubo Stadium's significant reopening, endorsed by President Museveni and spearheaded by the entrepreneurial Hamis Kiggundu. A landmark moment for sports, the local economy, and urban innovation in Kampala.The Renaissance of Nakivubo Stadium: Celebrating Ugandan Ingenuity and AmbitionUganda's heart swelled with pride as President...

Le Rwanda accueillera la 43ème Assemblée Générale de la Banque de Développement Shelter Afrique qui se tiendra du juin 2024

L'événement qui réunira les Actionnaires de 44 États membres constituera une étape importante dans la consolidation de la transformation de la BDShaf.Kigali : 23 avril 2024 - Le Rwanda accueillera la 43ème Assemblée Générale Annuelle (AGA) de la Banque de Développement Shelter Afrique (BDShaf) en juin à Kigali, a...

Angola’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Here's a look at Angola's wealthiest individuals in 2024, highlighting the top entrepreneurs and business magnates who are shaping the country's economic landscape. This list is current for 2024 and excludes Isabel Dos Santos, focusing on the new and prevailing forces in Angola's billionaire circle.Angola’s Billionaire Elite:...

Discover the Ultimate Road Companion: Nissan Caravan Now Available in Mombasa, Kenya

Are you on the hunt for a vehicle that combines robust performance with spacious comfort? Look no further than the Nissan Caravan, currently on offer in the bustling city of Mombasa, Kenya. Ideal for businesses requiring cargo transport, groups seeking adventure, or families needing extra space, the...

Algeria’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Algeria, with its significant oil and gas reserves, has a group of wealthy individuals whose influence spans across various industries including construction, manufacturing, food, and pharmaceuticals. Here is a table summarizing the top 10 wealthiest individuals in Algeria as of 2024:As of 2024, here is the latest...