A multibillionaire American businessman, David Filo has an estimated net worth of $3.2 billion.
Filo is most known for being the co-founder of Yahoo! He created Yahoo! along with Jerry Yang in January 1994.
Filo played a crucial role in the technical operations that supported the company’s extensive network of online properties.
His estimated net worth in March 2013 was $1.7 billion.
David Filo | Quick Facts
David Filo’s net worth as of December 2023 is $3.2 billion. Here are some quick facts about David Filo, the billionaire:
|Full Name||David Robert Filo|
|Also Known As||David Filo|
|Net Worth||$3.2 Billion|
|Birth Date||April 20, 1966|
|Birth Place||Wisconsin, United States|
|Age||57 Years Old|
|Education||Sam Houston High School
Stanford University of Engineering (1990)
Stanford University, Tulane University
|Weight||78 kg/171 lbs.|
|Height||5 feet 10 inches/1.79 cm/179 cm|
|Occupation||Entrepreneur, Businessman, Investor|
|Last Update||December 2023|
David Filo | Net Worth and Income
An American billionaire businessman, David Filo’s net worth is a whopping $3.2 billion as of December 2023.
David earned such massive wealth through his successful business ventures.
He uses a variety of techniques to increase his money through profitable investments.
Filo co-founded Yahoo! along with Jerry Wang in 1994 and ultimately sold its search engine and other internet services to Verizon for $4.5 billion in 2017.
This is still considered one of the most significant tech acquisitions of all time.
While the original deal value was $4.8 billion, Verizon lowered the purchase price by $350 million because of Yahoo’s catastrophic string of data breaches, which affected over 3 billion accounts over a number of years.
Forbes named Filo the 379th richest person in the world in September 2019, with an estimated net worth of $4.3 billion.
Net Worth of David Filo in Different Currencies
Let’s have a look into David Filo’s net worth in different currencies:
|Euro||€ 3.21 billion|
|Pound Sterling||£ 2.71 billion|
|Australian Dollar||A$ 4.67 billion|
|Canadian Dollar||C$ 4.15 billion|
|Indian Rupee||₹ 255,528,000,000|
David Filo | Lifestyle & Houses
Despite being one of the richest men on the planet, David Filo has managed to keep his affairs to himself.
He likes to stay away from the limelight and hardly does any interviews.
He is married to a teacher and photographer, Angela Buenning. Together they share one child and live in Palo Alto, California.
According to property records, a home owned by David Filo Trust in Half Moon Bay, California, was listed on the market for $2.1 million.
It ultimately sold for $1.368 million in 2012.
The house featured four bedrooms and three bathrooms over 4,580 square feet of living space.
David Filo | Charity
David Filo has donated money to different charitable causes and fundraisers.
For engineering and computer science scholarships at Tulane University, Filo gave $30 million in 2004.
In 2000, David and his wife Angela founded The Yellow Chair Foundation.
The foundation supports education, civil freedoms, gender equality, and the environment.
David Filo | Career
David Filo’s success story began when he met Jerry Yang at Stanford University. While collaborating on a project to build computer chips, the two clicked immediately.
The “Jerry and David’s Guide to the World Wide Web” was a directory of other websites that David Filo and Jerry Yang developed in February 1994. It was later renamed “Yahoo!”
Yahoo! gained a large following over time; four years later, it had one million daily users. Many significant web companies expressed interest in buying Yahoo! The two, however, refused to sell it.
The co-founders decided to start Yahoo! Inc. after seeing the company’s commercial potential following its mediocre rise to fame.
Yahoo became one of the pioneers of the early internet era and still is one of the leading internet brands.
Facts About David Filo
- People admire David Filo for his contributions to the computing industry and for being one of the most kind-hearted and charismatic people in the world.
- He was listed as the 882nd richest person in the world in March 2013.
Why did Yahoo fail?
Because of slow progress and failing to keep up with the latest trends, Yahoo lost its audience to Facebook.
How did David Filo meet Jerry Yang?
During an exchange program, Filo met Yang at the Kyoto-in-Stanford. They had no idea they would soon launch a significant internet organizing program when they first became pals.