David Bohnett has made a significant mark in the world of technology and philanthropy. As the founder of GeoCities, he was a pioneer in the early days of the internet. His journey from a tech entrepreneur to a notable philanthropist is nothing short of inspiring. With a net worth of $400 million, Bohnett's influence extends beyond his business ventures, as he actively contributes to various charitable causes through the David Bohnett Foundation.
Born on April 2, 1956, in Chicago, Illinois, Bohnett displayed a keen interest in technology from a young age. After graduating from the University of Southern California, he established himself in the tech industry, eventually founding GeoCities in 1994. The platform revolutionized social networking, enabling users to create personal web pages, and it ultimately caught the attention of Yahoo!, which acquired it for $3.57 billion in 1999. This acquisition not only solidified Bohnett’s financial success but also marked a significant milestone in internet history.
Today, David Bohnett continues to invest in technology startups through his venture capital firm, Baroda Ventures. His commitment to social causes is evident in the various awards he has received, including the ACLU Citizen Advocate Award and the GLSEN Lifetime Achievement Award. Bohnett’s journey serves as a testament to the impact one individual can have in both the business world and the community.
Biography
Category | Details |
---|---|
Net Worth | $400 Million |
Birthdate | April 2, 1956 (68 years old) |
Birthplace | Chicago, Illinois |
Profession | Philanthropist, Technology Entrepreneur, Technology Investor |
What is David Bohnett's Net Worth?
David Bohnett is an American entrepreneur who has a net worth of $400 million. Born in Chicago, Illinois, he has built an impressive career that includes founding GeoCities, a pioneering social networking site. After its successful public offering and subsequent acquisition by Yahoo!, Bohnett transitioned into venture capital, focusing on technology startups through his firm, Baroda Ventures.
His academic background includes a degree from the University of Southern California and an MBA from the Ross School of Business. The success of GeoCities, which was sold for $3.57 billion, exemplifies Bohnett's entrepreneurial spirit and innovative thinking, ultimately earning him around $300 million from the sale.
Throughout his career, Bohnett has earned recognition for his contributions to the tech industry and his philanthropic efforts. He has received numerous awards, including the Ernst & Young Entrepreneur of the Year Award for Southern California and the Los Angeles Business Journal's LA 500: The Most Influential People in Los Angeles.