An American investor and entrepreneur, Marissa Mayer’s net worth is a staggering $600 million.
She is also known as the co-founder of Sunshine Contacts.
Merissa served as CEO and president of American web service provider Yahoo! from 2012 until 2017.
She resigned from the company’s board after it was acquired by Verizon Communications.
Marissa Mayer (Source: Wikidata)
Interestingly, Marissa was the 20th employee of technology giant Google. She spent ten years of her career in Google on some of the most iconic products in the customer software.
Mayer designed the Google Search interface and also assisted in launching the Google Maps, an ambitious project mapping the entire globe.
All in all, she influenced greatly on Google’s development.
Moreover, Marissa was featured on Forbes list of the World’s 100 Most Powerful Women from 2012 to 2014.
Marissa Mayer | Quick Facts
Here are some facts about the women responsible for the perhaps the most used word in the technology today:
Name
Marissa Ann Mayer
Birthplace
Wausau, Wisconsin, United States
Birthdate
May 30, 1975
Age
48 Years Old
Nationality
American
Ethnicity
Mixed (Finnish and American)
Religion
Lutheran
Father’s Name
Michael Mayer
Mother’s Name
Margaret Mayer
Siblings
Mason Mayer
School
Wausau West High School
College
Stanford University (1997-1999)
Profession
Businesswoman, Internet Entrepreneur, Computer Scientist, Software Engineer
Nickname
Marissa
Height
In Centimeters – 165 cm
In Feet and Inches – 5′4″In Inches– 1.65 m
As a businesswoman and former CEO of Yahoo, Marissa Mayer’s net worth as of 2022 is a massive $600 million.
Marissa made her vast fortune through her career in Yahoo and Google, where she was the 20th employee.
As mentioned before, Marissa served as president and CEO of Yahoo from 2012 to 2017. During that time, she made around $405 million, including salary, stock, and bonuses.
$405 million!! Give me a break!
Marissa was the highest-paid female CEO while at Yahoo when she resigned.
Her annual compensation was between $36.6 million to $42.1 million.
Marissa Mayer (Source: Inc. Magazine)
Prior to joining Yahoo, she had a net worth of around $300 million, most of which came from her contribution to Google.
When Verizon acquired Yahoo in 2017, Mayer received a $23 million severance package.
Similarly, when she resigned from her position, she owned $283 million worth of stock.
To get Mayer on the team, Yahoo paid a lot as she had come from a high-level executive position at Google.
She received a whopping $30 million signing bonus and $14 million on top of that in compensation for the bonuses she was forgoing by leaving Google.
Aside from that, Marissa currently earns from a tech incubator called Lumi Labs.
Net Worth of Marissa Mayer in Different Currencies
Here is what Marissa Mayer’s net worth looks like in some of the major currencies around the world
Currency
Net Worth
Euro
€ 545.28 Million
Pound Sterling
£ 454.52 Million
Australian Dollar
A$ 800.88 Million
Canadian Dollar
C$ 753.78 Million
Indian Rupee
₹ 45,885,060,000
BitCoin
฿ 14,055.35
Marissa Mayer | Houses & Cars
Former Yahoo CEO along with her venture capitalist husband Zachary Brogue purchased a massive $35 million worth 11,000 square feet mansion in San Francisco in 2013.
The couple paid the highest ever for a single-family residence in the city at the time.
Marissa Mayer’s San Francisco Home (Source: Businesses Insider)
Aside from this, Marissa reportedly owns a modest 5,203-sq. feet, 5-bedroom, 6.5-bathroom home in Palo Alto.
As for her cars, Marissa has a couple of sweet wheels in her garage, including the 1995 BMW 3 Series.
Marissa Mayer | Lifestyle & Controversies
The former Yahoo! CEO, Marissa Mayer’s net worth as of April 2024 is a staggering $600 million.
Marissa married an investor and hedge fund manager Zachary Brogue in 2009.
The couple married at San Francisco Bimbo’s club, where synth-pop/rock band The Killers played the music.
Mayer’s wedding gown was designed by Naeem Khan, while the cake was designed by Ron Ben-Israel.
Moreover, Mayer is a pretty workaholic and is known for her strong work ethic and attention to detail.
Astonishingly, Mayer was six months pregnant when she began her time with Yahoo and only took a few weeks of maternity leave.
Mayer is a trained classical ballerina. In fact, she used to practice ballerina 35 hours a week while in junior high.
Similarly, she enjoys the outdoors and sporting activities. Every once in a while, she goes on a skiing trip with her family and loved ones.
Marissa Mayer Skiing Trip (Source: CNN)
As a multimillionaire and woman, Mayer loves finer things in life and always goes for the best in the market.
She normally carries a Chanel handbag, which costs around $4,000.
Similarly, to stay fashionable, she makes sure to shop her clothes from Bergdorf Goodman twice a year.
Likewise, her official attire is designed by Carolina Herrera.
Marissa has a thing for expensive timepieces. She has a gold Omega De Ville watch which costs around $20,000.
Furthermore, Marissa received an honoris causa doctorate degree from the Illinois Institute of Technology for her work in the field of search in 2009.
Surprisingly, Mayer holds 63 patents in interface design and artificial intelligence altogether. In 2009, Glamour Magazine named Mayer Women of the Year.
Controversies
Yahoo! hired Mayer with the hope of uplifting the company’s declining status.
Despite the company outperforming the much-anticipated earnings in her initial years, Mayer was highly criticized for her ill acquisitions.
Albeit the company was losing the sources of revenues and closing offices, she spent recklessly on lavish parties for corporate staff.
And after a continued decline in earnings dropping stock prices, key shareholders appealed for her resignation in 2016.
Marissa Mayer (Source: Wikimedia Commons)
As a CEO, she was the public face for the company’s failure, which questioned her management style.
Under her management, Yahoo! experienced two major data breaches, which occurred in 2013 and 2014, but it was made public only in 2016.
She testified before Congress regarding her handling of cybersecurity a year later.
Marissa was a bright student, and shortly after graduating from Stanford, she received 14 job offers which included a teaching job at Carnegie Mellon University.
She was also offered a job as a consultant at McKinsey & Company.
However, she chose Google and joined the company in 1999.
She began overseeing small teams of engineers, designing and developing Google’s search offerings.
With her intense work ethic, she was promoted to product manager.
Eventually, she was promoted to Vice President of Search Products and User Experience.
Following her promotion, she held key roles in Google Maps, iGoogle, Google Search, and Gmail.
While there, she also taught computer programming at Stanford.
Marissa left Google in 2012.
Yahoo!
Mayer joined Yahoo! on July 16, 2012, as a CEO and President.
After joining Yahoo!, she made some major changes in the plans and policies of the company, for which she was severely criticized.
For example, she banned remote work and changed maternity leave policies.
Mayer led the company to acquire Tumblr in a $1.1 billion acquisition on May 20, 2013.
However, it turned out to be a big bummer as Yahoo! acknowledged that the value of Tumblr had fallen by a staggering $240 million by 2016.
Yahoo! share continued to plunge by more than 30% throughout 2015, while 12 key senior managers left the company.
Fortune named Mayer as one of the World’s Most Disappointing Leaders in March 2016.
Marissa announced her resignation on June 13, 2017.
On the resignation day, she publicly highlighted the company’s achievements during her tenancy, including creating market capitalization of $43 billion, growing mobile users to over 650 million, tripling Yahoo stock, and so on.
However, over Marissa’s tenure, Yahoo saw the monthly homepage visits drop from nearly 10 billion to 4.5 billion.
Businesses
Over the years, Mayer has invested heavily in technology companies.
Crowd-sourced design retailer Minted, wireless power startup uBeam, and live video platform Aritime.com are some of the companies she has invested in.
After leaving Yahoo! Mayer started Sunshine.
She teamed up with former colleague Enrique Munoz Torress to start the company.
The company is focused on artificial intelligence and consumer media and is based in Palo Alto.
Moreover, Mayer has also invested in DIY community e-commerce company Brit + Co.; genetics testing company Natera, biohacking company Nootrobox and mobile payment processor Square.
As of April 2024, Marissa Mayer’s net worth is an astonishing $600 million.
Marissa Mayer was born in 1975 in Wausau, Wisconsin, the United States, to mother Margaret Mayer, an art teacher, and father Michael Mayer, an environmental engineer.
She grew up with her younger brother. Also, as a child, she took piano and ballet lessons during middle and high school.
Marissa Mayer as a Kid (Source: Onedio)
Similarly, she showed interest in science and math at an early age.
She aspired to become a physician and joined Stanford University.
However, she later switched to computer science, custom psychology, and linguistics hybrid major.
Marissa graduated from Stanford in 1999.
Marissa Mayer’s net worth as of April 2024 is a staggering $600 million.
Unknown Facts About Marissa Mayer
Marissa appeared on Fortune magazine’s Most Powerful Women’s list at the age of 33; making her the youngest ever to appear on the list.
She interned in Union Bank of Switzerland’s research lab in Zurich.
Interestingly, she was accepted into all ten universities to which she applied, including Yale, Harvard, and Stanford.
Marissa briefly dated Google’s co-founder Larry Page.
Marissa was the president of the Spanish Club at her school and also took part in debating competitions.
FAQs
What is the craziest thing that Marissa Mayer has done out of her work?
In 2009, Marissa climbed the tallest mountain in Africa, Kilimanjaro.
Why did Yahoo fail?
Well, Yahoo! missed a few good opportunities. First, it missed a chance to acquire Google and then failed bid to acquire Facebook.
What is Marissa Mayer doing now?
Marissa is currently engaged with two big companies, including Walmart and Sunshine.
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