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
Drew Houston and Bob Langer encourage Start6 students at completion of IAP workshop
Start6, the new Department of Electrical Engineering and Computer Science (EECS) IAP workshop for immersion in innovation and entrepreneurship, wrapped up its third week with sendoffs from two icons in the world of startups: Drew Houston ’05, cofounder ...
Posted: February 12, 2014, 10:47 am
Dropbox’s Cloud Storage Kings Drew Houston And Arash Ferdowsi Win Founder Of The Year Crunchie
You know you’re doing something right when Silicon Valley rock stars are ditching cushy jobs at Google and Facebook to join your startup. This year’s Founder Of The Year Crunchie goes to the talent magnets at Dropbox, CEO Drew Houston and ...
Posted: February 10, 2014, 8:46 pm
How Drew Houston Has Helped Dropbox Win the War for Talent
With one forgotten thumb drive, a potentially treacherous trip on a Fung Wah Bus turned into a company valued at a speculative $10 billion. Crammed into the confined space, en route to New York, Drew Houston started writing the initial code for what would ...
Posted: January 28, 2014, 10:56 am