Net Worth: $2.7 Billion
About Douglas Leone
Douglas Leone is a venture capitalist, internet entrepreneur, and investor with an estimated net worth of $2.7 Billion. Leone’s most successful investment is FireEye which went from a privately held corporation to a publicly traded company with a current market capital of $3.51 billion. the company is a publicly listed US network security company that provides automated threat forensics and dynamic malware protection against advanced cyber threats, such as advanced persistent threats and spear phishing. FireEye was founded in 2004, the company is headquartered in Milpitas, California. Leone used to be referred to as “pasta” because of his Italian heritage. The fact that Leone is worth $2.7 billion is due to his successes in his investments with technology start up companies that had lead to multi-billion dollar empires. Doug Leone is a managing partner of esteemed venture capital firm Sequoia Capital. Along with fellow billionaire Michael Moritz, Leone has reaped the rewards of a lengthy plan of successful technology investments, from Google and YouTube to Zappos and LinkedIn having invested millions of dollars in their early seed funding stages. In 2014, Sequoia’s partners had a big payday with the major sale of WhatsApp, the messaging company that was acquired by Facebook for $21.8 billion in cash and shares. Sequoia’s global operations are in China, India and Israel. Douglas had a hand in investing in companies like FireEye which went public in 2013 and ServiceNow which made their IPO in 2012.
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