What is Ron Conway's Net Worth?
Ron Conway is an American angel investor with a remarkable net worth of $1.5 billion. He has garnered immense wealth through early investments in major companies such as Airbnb, Facebook, Google, and Reddit.
Early Life and Education
Born on March 9, 1951, Ronald Crawford Conway graduated from San Jose State University. He began his career in the semiconductor industry, holding marketing positions at National Semiconductor Corporation from 1973 to 1979. Conway's entrepreneurial journey continued when he co-founded Altos Computer Systems, serving as its President and CEO from 1979 to 1999. Subsequently, from 1991 to 1995, he led Personal Training Systems after acquiring it from SmartForce/SkillSoft.
Investment Career
Ron Conway's investment career started gaining momentum as the founder and Managing Partner of the Angel Investors LP funds. His early and significant successes included investments in companies like Google, PayPal, and Ask Jeeves. In 2005, Conway began investing independently, with his fund Angel Investors I generating an impressive seven-fold return.
Notable Investments
Raised capital from renowned figures including Arnold Schwarzenegger, Tiger Woods, Henry Kissinger, and Shaquille O'Neal.
- Invested in companies like BuzzFeed, Digg, Facebook, Foursquare, Napster, Pinterest, and Twitter.
Philanthropy
In December 2020, Ron Conway made a significant philanthropic commitment by signing "The Giving Pledge", dedicating himself to donate at least half of his wealth to charity either during his lifetime or at the time of his death.
Community Involvement
Conway has been an active community member, working with Mayor Ed Lee and the City of San Francisco in 2010 to establish sf.citi, a tech organization initiative aimed at promoting tech jobs in San Francisco. Additionally, he serves on the Benefit Committee of the Tiger Woods Foundation.
