What is Matt Barrie's Net Worth?
Matt Barrie is an Australian entrepreneur who has amassed a net worth of $50 million. He is best known as the founder and CEO of Freelancer.com, a leading global online freelancing and crowdfunding marketplace.
Early Life and Education
Born in Adelaide, Australia, in August 1973, Matt Barrie pursued his higher education diligently, graduating from the University of Sydney. He further honed his skills by attending Stanford University, a prestigious institution known for producing impressive entrepreneurial talent.
Professional Journey
Sensory Networks
In 2001, Matt Barrie founded Sensory Networks, a company that specialized in high-performance network security hardware. After years of developing and innovating in this niche, Sensory Networks was acquired by Intel in 2013 for an impressive $20 million.
Freelancer.com
In 2009, Barrie founded Freelancer.com, revolutionizing the way freelancing and crowdfunding operate on a global scale. By 2011, the company’s value was estimated to be between $100 and $250 million. In a bold move in 2013, Freelancer turned down a $400 million acquisition offer from Recruit Co. Ltd. Instead, the company went public on the Australian stock exchange, and its market capitalization briefly soared north of $1 billion. Despite experiencing fluctuations, by 2021, the company’s market cap stabilized around $120 million.
Academic Contributions
Matt Barrie is not only a successful entrepreneur but also a dedicated academic. He serves as an adjunct associate professor at the University of Sydney, where he shares his knowledge by teaching courses on computer and network security as well as technology venture creation.
