published on in News Flash

Paul Graham Net Worth

Paul Graham has an estimated net worth of $50 million dollars. Paul Graham invested in various ventures, which made him a millionaire. 

Paul is known for his work on the programming language Lisp. He had made the former startup Viaweb, which later changed its name to Yahoo! Store.

He is also an essayist and author of various computer programming books. He is also known for his investments in companies and business ventures.

Paul Graham Net Worth In 2022

Paul Graham net worth currently stands at $50 million dollars.

Paul has been actively working in the business world, where he has garnered millions of dollars.

He is a computer scientist but later ventured into the world of business.

Graham had been interested in science and mathematics since he was young, as his father was a nuclear physicist. He went to Cornell University and graduated with a Bachelor of Arts in philosophy.

He went to the prestigious Harvard University and graduated with a Master of Science degree in 1988. Similarly, he graduated from Harvard with a Doctor of Philosophy degree in computer science in 1990.

The computer scientist also had an interest in painting and studied painting at the Rhode Island School of Design.

He ventured into entrepreneurship when he founded Viaweb in 1996, along with Robert Morris. Viaweb was an application service provider and was one of its kind to be introduced at first.

The application's software was primarily written in Common Lisp and enabled people to make their Internet stores. Viaweb was sold later to Yahoo, and the Viaweb became Yahoo! store. Besides software and application, Graham also wrote essays and was noticed for it.

His essay topics were like Beating the Averages focused on programming languages, and Why Nerds are Unpopular, which focused on the nerd life in high school.

The collection of his essays got published as Hackers & Painters. He released a new dialect of Lisp named Arc on January 29, 2008.

He started Y Combinator along with Trevor Blackwell, Jessica Livingston, and Robert Morris. Through Y Combinator, they provided funding to startups to achieve their goals and encouraged young people to pursue entrepreneurship.

Paul Graham Earnings From Various Investments

Paul Graham is estimated to earn about $88,320 in a year. His earnings are from his profession as a computer scientist and various investments.

According to glassdoor, a computer scientist makes an average of $68,765 base pay per year with additional pay of $19555 per year.

He has earned millions of dollars from his investment in successful startup companies like PayPal. He invested in Paypal in the early phase and, later, it was sold to eBay for $1.5 billion in 2002.

He is known as one of Y Combinator's co-founders, which helped launch known companies like Airbnb, Stripe, Dropbox, and many more. He was an early investor who invested $50,000 in Airbnb in 2009. Today, Airbnb is one of the most known and valuable companies, with a worth of about $86 billion in 2021.

So, his investment has helped to magnify the success of the company and is now worth about $1 billion.

Paul made another investment in Dropbox in 2007. He invested about $150,000 in it when Dropbox was a startup company, but it has grown immensely in the years and has become a public company with a value of $30 billion.

His investment in 2007 has multiplied and is now worth around $600 million.

Graham has invested $80 million in the payment processing company Stripe. Before the investment, the company was doing well, and his investment helped Stripe to grow faster in the years.

Amazon, the most talked about and successful company, is also one of the companies that fall on the list of his investments.

He found the vision of Amazon promising when it was starting up and invested $250,000, which turned out to be fruitful. Graham has been a great investment in companies which has given him returns on his investment by multiplying it.

ncG1vNJzZmirmKTEo7XZnKarppWne6S7zGinmq2cYrSzrceapGamlal6uLvRrZ8%3D