Drew Houston Net Worth is$450 Million
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Drew Houston Net Worth

Drew Houston Net Worth is $450 Million. Technology entrepreneur Drew Houston has an estimated net worth of $450 Million. Hailed from Acton, Massachusetts, the 28 year old generate...[read more]

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Profession: Chief Executive Officer
Date of Birth: Mar 10, 1983

What is Drew Houston Net Worth?

How much is Drew Houston Net Worth?

How much is Drew Houston Salary?

Technology entrepreneur Drew Houston has an estimated net worth of $450 Million. Hailed from Acton, Massachusetts, the 28 year old generated his net worth as the founder and CEO of an online storage and back up company, Dropbox. Houston first came up with the idea for his online company when he was a computer science student at Massachusetts of Information and Technology (MIT). Absent-minded Houston kept leaving his USB drive behind at the college dormitory. So his solution was to device something where he could store (and backup) his college work online and access it from any computer, making life a little easier. But it suddenly dawned on Houston that his device can also benefit millions of people worldwide. With his invention, Houston along with fellow MIT graduate and close friend Arash Ferdowsi, founded Dropbox in 2007. Securing $15,000 from start-up funding firm, Y Combinator, Dropbox was officially launched a year later at TechCrunch50, an annual technology conference. Since its official launch, Dropbox has been hailed as one of the most successful start-ups in Silicon Valley. It comes to no surprise that the San Francisco-based company is so successful, as it has rapidly gained popularity worldwide especially in United Kingdom, Germany and United States. Currently, there are over 45 million people taking advantage of Houston's service. Users of Dropbox can store documents, photos and even videos and share or access them easily. In its first year, Dropbox made roughly $30 million- but this year (2011) the company's revenue is expected to rise to $100 million. The online storage and backup service was well received by the technology sector as Houston was voted the best young tech entrepreneur by Business Week and was named among the top 30 entrepreneurs under 30 by inc.com. So far, DropBox is Y-Combinator's most successful investment. Before Dropbox, Houston was involved in countless start-up projects, including Bit9, Accolade and Hubspot.

Flash News about Drew Houston

Gunmen take woman hostage, shoot security guard in NE Houston food store

HOUSTON – Houston police said two men took a woman hostage ... and forced a manager to a back office to take money from a safe. A security guard on duty drew his weapon, and the suspects fled across the store to a beauty salon in the corner.
Posted: October 30, 2014, 3:10 am

Heat begin new era, beat Wizards

Marcin Gortat and Drew Gooden led the Wizards with 18 points apiece ... Rockets 104, Jazz 93: SALT LAKE CITY — Dwight Howard had 22 points and 10 rebounds and Houston beat Utah to spoil Quin Snyder’s NBA coaching debut. Pacers 103, 76ers 91 ...
Posted: October 30, 2014, 12:05 am

Suns Rout Lakers 119-99 Despite Kobe's 31 Points

Phoenix's Eric Bledsoe had 16 points and nine assists before he drew his second technical foul and was ejected with 30 seconds left in the third quarter. The Lakers were blown out for the second night in a row, dropping their opener at home to Houston 108 ...
Posted: October 29, 2014, 10:07 pm

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