Net Worth was $1.49 Billion in 2015
About Nicholas Woodman
Nicholas Woodman is an investor and technology entrepreneur with an estimated net worth of $300 Million. He is a businessman who is a self made billionaire the father of an investment banker who he will also succeed in his reigns one day. His father is the co-founder of the investment bank Robertson Stephens which invests in wealth management and technology companies. although being a heir to a wealthy family Nicholas also became a self made individual having surpassed his father with his bright entrepreneurial ideas. GoPro was a benefit to the film industry as it is a lightweight product that you can bring around as it is mobile. With that said through his philanthropy Nicholas donated $500 million to the Silicon Valley Community Foundation in 2014. The gift went towards creating the Jill + Nicholas Woodman Foundation and made Woodman one of the biggest donors in the tech industry that year. He holds more than 30% of the company’s stock and is the largest shareholder in the company having $1.49 Billion worth of the corporation. He was inspired by surfers’ having trouble capturing footage of their rides with large camera’s and even phone devices, so he wanted to develop a camera they could strap to themselves and wear while surfing to make it easier to film with. He made his GoPro prototype with his mother’s sewing kit and a drill, Forbes says. He sold the camera in multiple stores, including surf shops, and on the QVC home shopping network and it became the next Billion dollar idea.