Drew Houston total assets is
$ 1.4 Billion
Drew Houston Wiki Biography
Andrew ‘Drew’ Houston was born on 4 March 1983, in Acton, Massachusetts USA. He is most often identified as the founder and also CEO of the internet messaging service Dropbox.
So simply exactly how rich is Drew Houston? Reliable resources estimate that Drew is among the younger billionaires, with an existing net worth of over $1.4 billion as of late 2015, mainly gathered from his development and continuing participation with Dropbox.
Drew Houston Net Worth $1.4 Billion
He attended Acton-Boxborough Regional High School, before graduating with a level in computer technology and also electric engineering from the extremely concerned MIT– Massachusetts Institute Technology– in2004 Arash Ferdowsi was a fellow trainee, with whom he ultimately developed Dropbox. Houston after that went to benefit a number of small, start-up IT firms, including Accolade– an internet SAT preparation company founded while he was still at MIT– Hubspot and also Bit9, every one of which clearly functioned as really beneficial education and learning and training in the IT and also service globes. No doubt these tasks also offered a basis for his net worth.
Drew Houston obviously developed the concept for Dropbox for his own usage, due to the fact that he was for life failing to remember or shedding his USB flash drive when he was researching, and also the choices just weren’t very practical. He thought that the result would profit others also, as well as he was lucky to get financing from Y Combinator, after that a reasonably new business particularly set-up for the purpose of supporting needy start-up companies with potential which undoubtedly agreed; in fact Dropbox is now acknowledged as one of the best investments the firm has actually made, particularly since Houston’s endeavor is rated among the top startups from Silicon Valley. Because Dropbox’s launch, Drew Houston’s wealth have actually expanded significantly in simply eight years, which adequately verifies the success of the company.
Recently Dropbox has actually likewise teamed up with entities as huge as Microsoft as well as others. offering clients of both firms the capacity to transfer, sync and modify documents.
Additionally, Houston’s most recent program ‘Dropbox for Business’ has verified a quickly creating arm of the firm, such that workplaces have actually been opened up in numerous firms around the world, as the number of customers has actually quickly climbed up into the thousands of thousands. On the whole the business’s clientele is now ell over the four million mark, and also definitely still climbing up. The firm is already valued at over $10 billion, with over $300 million in yearly earnings, therefore one can anticipate Houston’s total assets to boost at a comparable price to the firm’s growth.
Plaudits for Drew Houston have actually originated from various credible resources, including being called by Business Week as one of the business-people with a lot of prospective aged 30 and under, and also by Inc.com calling Drew in the top 30 under-30 entrepreneurs. He was likewise welcomed back to his university, MIT in 2013 to deliver the commencement address.
In his individual life, little is understood of his private affairs, yet Drew is believed to be still single.
Full Name | Drew Houston |
Net Worth | $ 1.4 Billion |
Date Of Birth | March 4,1983 |
Place Of Birth | Acton, Massachusetts, United States |
Profession | Entrepreneur |
Education | Massachusetts Institute of Technology (2005) |
Nationality | United States of America |
Nicknames | Andrew W. “Drew” Houston, Andrew W. Houston |
IMDB | www.imdb.com/name/nm5256178 |