Silicon Valley is the hub of technological innovation, the internet, and social media. Some of the biggest companies in the world are headquartered in the San Francisco Bay Area, including 39 businesses ranked in the Fortune 1000 list. You can’t throw a rock without hitting a start-up tech company, whether it’s in a high-cost rented office or a San Francisco apartment.
It’s here that many billionaires have made their fortunes, and continue to live in work in the valley that’s served them so well. Here’s the net worth of Silicon Valley’s richest billionaires and how they make and spend their fortunes.
Scott Cook – Net Worth $3.95 Billion
Co-founder of Intuit, Scott Cook is a pioneer of Silicon Valley. He started the finance software company in Palo Alto in 1983 and acted as the CEO and president of Intuit for 11 years. Afterward, he held his position as chairman with 5% of the company’s shares. His net worth now amounts to $3.95 billion.
Cook and his wife still live in the Bay Area after retiring in 1994 and together founded a program for Brand and Product Management at the University of Wisconsin-Madison School of Business. Their son is equestrian Karl Cook, who married actress Kaley Cuoco in 2018.