What is Eric Schmidt’s Net Worth?
Introduction
Eric Schmidt is an American software engineer and businessman.
Schmidt is currently a technical adviser to Alphabet and chair of the US Department of Defense’s Defense Innovation Advisory Board. Schmidt is most well-known for his role as the CEO of Google between 2001 and 2011, and executive chairman of Google between 2011 and 2015.
Eric Schmidt’s net worth was approximately $23 billion as of July 2022.
Early Life
Eric Emerson Schmidt was a Washington, D.C., native.
Schmidt is the son of Eleanor Emerson Schmidt and Wilson Emerson Schmidt.
He was intelligent and an athletic boy, who did well in school. He also ran long distances. In 1972, he graduated from Yorktown High School, Arlington, Virginia.
Career
Bell Labs was one of his first jobs. He worked with Mike Lesk at the Bell Labs to rewrite Lex. This program generates lexical analyzers to run on Unix computers.
In 1983, he joined Sun Microsystems to become its first software manager. He was a skilled technical expert and had excellent business acumen. He rose up the ranks within the company.
Schmidt rose eventually to the position of vice president of Sun Technology Enterprises and general systems group president. He was regarded as an efficient business executive by the end of the 1990s.
Schmidt was still the company’s executive chairman, while Page succeeded Schmidt as CEO in 2011. He was responsible for developing partnerships and broadening business relationships and outreach to the government. He advised the CEO and other senior leaders on policy and business issues.
Google went through a major corporate restructuring in 2015. This led to the creation of Alphabet Inc., the holding company that owns several companies owned or linked to Google. Schmidt was elected Alphabet’s executive chair.
Highlights
These are some of Eric Schmidt’s greatest moments:
- Joined Microsystems (1983)
- Google Executive Chairman (2011-2015)
- Alphabet Executive Chairman
Three Awesome Lessons From Eric Schmidt
Now that you have a good idea of Eric Schmidt’s net worth and his success story, let’s look at some lessons we can take from him.
1. The Big Breaks are Few and Far Between
It is important to be consistent and show up every day, even when it seems like you aren’t making much progress.
2. You can trust yourself
Leadership is not complete without learning to trust yourself.
3. Learn to listen to other people
You must learn to listen to others if you want to be successful.
Favorite Quotes From Eric Schmidt
They see spaces that other people don’t. This is the hallmark of great innovators and great businesses. They don’t listen to others but invent something new.
Be able to ignore those who think too big. Be open to the possibility that you might be wrong. If they ask how can you do that then look them in the eye and say, “I’ll figure it.”