Net Worth: $400 Million

About Andrew Grove

Andrew Grove was a businessman, engineer, technology entrepreneur, author and a science pioneer with an estimated net worth of $400 million. Andrew Grove was also the co-founder of Intel Corporation. He was also the company’s CEO and was CEO of the Year, CEO magazine, 1997 and was also Time’s man of the year in 1997. Before grove had grown to such popularity after pioneering in technology he was a broke immigrant and even though he arrived in the United States with little money, Grove retained a “passion for learning.” Which was the key to his success for the future. In 1960 he earned a bachelor’s degree in chemical engineering from the city college New York followed by a PH.d. in chemical engineering. By the late nineteen nineties in the over the 30 years since its founding, the company’s revenue increased from $2,672 in its first year, to $20.8 billion in 1997. Grove was Intel’s president in 1979, its CEO in 1987 and its Chairman and CEO in 1997. As director of operations, manufacturing became Grove’s primary focus and his management style relied heavily on his management concepts. As the company expanded and he was appointed chairman, he became more involved in strategic decision-making, including establishing markets for new products, coordinating manufacturing processes and developing new partnerships with smaller companies. These were the qualities Grove was known for as a businessman in the industry of technology that he will be remembered for in history as not only a science pioneer but as a businessman also.