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

First Glance: Texans vs. Patriots

The Texans return to NRG Stadium for a preseason matchup against the reigning Super Bowl champions. Houston practiced against Tom Brady and the Patriots earlier this week at The Greenbrier in West Virginia. Here are five things to watch when the Texans ...
Posted: August 18, 2017, 3:45 am

How being called a ‘hypocrite’ taught Dropbox chief Drew Houston the importance of company culture

Turning up late to a meeting is never a good look, and turning up late to a meeting when you’re the company’s chief executive is even worse. What about if that meeting is one you organised to discuss the importance of punctuality? That’s a look bad ...
Posted: August 3, 2017, 6:52 pm

Dropbox founder explains how his $10 billion startup was created on a Chinatown bus

Drew Houston came up with the idea for Dropbox on a bus. About 10 years later, the file-sharing service has more than 500 million users, generates $1 billion-plus in annualized revenue, and was valued at about $10 billion in 2014. "It was really out of ...
Posted: June 13, 2017, 1:58 pm

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