Drew Houston net worth and wage: Drew Houston is an American expertise entrepreneur who has a net worth of $3 billion {dollars}. Drew Houston earned his fortune because the founder and CEO of the net storage and again up firm, Dropbox. Houston first got here up with the concept for his on-line firm when he was a pc science scholar at Massachusetts of Information and Technology (MIT). Absent-minded Houston saved leaving his USB drive behind on the college dormitory. So his resolution was to gadget one thing the place he may retailer (and backup) his college work on-line and entry it from any pc, making life somewhat simpler. It instantly dawned on Houston that his gadget may profit tens of millions of individuals worldwide.
Houston together with fellow MIT graduate and shut pal Arash Ferdowsi, based Dropbox in 2007. Securing $15,000 from start-up funding agency, Y Combinator, Dropbox was formally launched a yr later at TechCrunch50, an annual expertise convention. Since its official launch, Dropbox has been hailed as some of the profitable start-ups in Silicon Valley. The San Francisco-based firm is so profitable, because it has quickly gained recognition worldwide particularly in United Kingdom, Germany and United States. Today greater than 500 million individuals use Dropbox worldwide. Users of Dropbox can retailer paperwork, photographs and even movies and share or entry them simply. Dropbox went public in March 2018 and rapidly achieved a market cap of $30 billion. At that degree, Drew Houston’s net worth was $3 billion.
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