Marc Andreessen is a venture capitalist, entrepreneur, and software engineer whose net worth is $1.4 billion.
The very first popular browser, Mosaic, was co-authored by Marc. Also, he has co-founded Opsware, Netscape, and Ning, a social media network.
Moreover, Andreessen runs a venture capital fund, as well as serves as a board member of several companies, most notably Facebook and HP Inc.
Full Name | Andreessen Horowitz |
Date of Birth | Jul 9, 1971 |
Age | 51 (as of 2022) |
Gender | Male |
Profession | Programmer, Venture capitalist, Investor, Entrepreneur, Software Engineer |
Nationality | United States of America |
Andreessen Horowitz Net Worth | $1.4 Billion (Last Updated 2022) |
Andreessen Horowitz Net Worth
The net worth of Andreessen Horowitz is known to be $1.4 Billion as of 2022.
Andreessen Horowitz Biography
Early life
Andreessen was born in Cedar Falls, Iowa, on July 9, 1971. He grew up in New Lisbon, Wisconsin. His parents are Lowell and Patricia Andreessen.
Education
Andreessen attended the University of Illinois in Urbana-Champaign for his higher education. His undergraduate internships were with the AIX graphics software development group at IBM in Austin, Texas.
Additionally, Andreessen worked at the National Center for Supercomputing Applications at the University of Illinois, gaining knowledge of Web standards of Tim Berners-Lee. Andreessen earned a Bachelor of Science in Computer Science in 1993 at UIUC.
Career
Andreessen developed the Mosaic web browser at NCSA in collaboration with Eric Bina, which proved to play a key role in making the Internet widely accessible. One of the first graphical web browsers, it displayed images alongside text for the first time.
Netscape
After graduating from college, Andreessen went to work for Enterprise Integration Technologies in California. He met Jim Clark, founder of Silicon Graphics, who was intrigued by Mosaic. They then founded Mosaic Communications Corporation, where Andreessen served as technology vice president.
The University of Illinois did not like the name Mosaic, so Clark and Andreessen renamed it Netscape Communications. Additionally, they renamed their main browser to Netscape Navigator. Netscape’s stock launch in 1995 gave Andreessen great fame. Many publications featured his work, and he was featured on the time magazine’s cover.
AOL purchased Netscape in 1999 for $4.3 billion. AOL named Andreessen chief technology officer as part of the deal. According to the MIT Technology Review, he was one of the world’s top 100 innovators under 35 years of age.
Loudcloud/Opsware
After Netscape was acquired in 1999, Andreessen founded Loudcloud along with Ben Horowitz, Tim Howes, and In Sik Rhee. It provided services like hosting, computing, and software to web companies that cater to consumers.
Loudcloud changed its name to Opsware in 2003 after selling its hosting business to Electronic Data Systems; Andreessen served as chairman of the board. Afterward, Hewlett-Packard bought Opsware in 2007 for $1.6 billion.
Personal life
Laura Arrillaga and Andreessen got married in 2006. She founded the Silicon Valley Social Venture Fund, and is the daughter of billionaire real estate tycoon John Arrillaga. The couple has a son together.