Drew Houston Net Worth is$450 Million
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]http://www.richestnetworth.com/drew-houston-net-worth/
Profession: Chief Executive Officer
Date of Birth: Mar 10, 1983
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
How to build a unicorn: Drew Houston, Dropbox
Named as one of MIT Technology Review’s top innovators under 35, Dropbox co-founder Drew Houston sat down with Ann O’Dea for an in-depth chat by a digital fireside. Dropbox co-founder Drew Houston started coding at the age of five. As a teen, he ...
Posted: December 2, 2016, 1:32 am
No. 9 Baylor stays unbeaten with easy win over Sam Houston
Reserve King McClure scored 14 points and Baylor remained unbeaten with a 79-45 victory over Sam Houston State. “This is one of those games everybody thought would be a trap game,” Baylor coach Scott Drew said. “Coaches get worried about every game ...
Posted: December 1, 2016, 6:32 am
Dropbox CEO Drew Houston calls on Donald Trump to uphold net neutrality
Dropbox CEO Drew Houston has called on US president-elect Donald Trump to uphold the concept of net neutrality when he takes office. Speaking in London and responding to a question from Computing about what Trump’s election might mean for the company ...
Posted: November 30, 2016, 4:40 am