Jim Clark Net Worth 2024

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What is Jim Clark’s net worth?

Jim Clark is a Texas-born billionaire businessman who has a net worth of $3 billion {dollars}. A pc scientist and entrepreneur, Jim Clark holds a PhD in Computer Science and is a famous developer of three-dimensional imaging expertise. Jim Clark is the founding father of a number of notable tech corporations together with, Silicon Graphics Inc., and Netscape Communications Corporation.

James H. Clark was born on March 23, 1944, in Plainview, Texas. Having endured a troublesome childhood, younger Clark dropped out of highschool and spent 4 years within the Navy. But regardless that he did not have a highschool diploma, Clark managed to earn sufficient credit to enroll on the University of New Orleans. There, he accomplished his masters and bachelors diploma in Physics after which he completed his PhD in Computer Science from the University of Utah.

Silicon Graphics

In 1981, Clark together with a number of different Stanford graduates began Silicon Graphics Inc. (SGI). The firm quickly grew to turn into the world chief in manufacturing of Hollywood film visible results and 3-D imaging.

Netscape

Despite SGI’s success, he left the corporate in 1994. Around the identical time Jim and Marc Andreessen established net browser firm Netscape, which was instrumental within the launch of the Internet IPO growth on Wall Street through the mid to late Nineties. Among different issues, Netscape developed the Secure Sockets Layer Protocol (SSL) for securing on-line communication, in addition to JavaScript, probably the most extensively used language for client-side scripting of net pages.

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When AOL acquired Netscape in 1999, Jim’s unique $4 million funding became $1.2 billion.

Jim Clark

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WebMD

However, Clark would transfer on as soon as once more, this time with the sale of the corporate to America Online in 1999 and the beginning of one other enterprise referred to as Healtheon, which immediately operates beneath the title WebMD. In 2017 WebMD was acquired by Internet Brands for $2.8 billion.

All in all, Jim Clark grew to become billionaire due to his well timed funding technique that favors an enormous stake in Apple in addition to early bets on main social media corporations like Facebook and Twitter.

Personal Life

Jim Clark is usually retired immediately. He lives along with his fourth spouse Kristy Hinze, an Australian mannequin. He is 36 years her senior. They married in 2009 and immediately have two daughters. He has two kids from earlier marriages. In 2000, his  daughter Kathy married Chad Hurley, the co-founder of YouTube. They divorced in 2014.

Jim reportedly paid his third spouse, Forbes reporter Nancy Rutter, a $125 million divorce settlement.

Real Estate

In March of 2021, Jim and Kristy paid $94.2 million for a 16-acre estate close to Palm Beach, Florida. The property, which known as “Gemini,” options a number of residing buildings, together with a 60,000 square-foot major mansion. After simply 15 months of possession, in June 2022 Jim and Kristy sold Gemini to an undisclosed buyer for $175 million. That represents and $80 million revenue for 460 days of possession. That works out to $174 in revenue for every single day of possession. For that motive, many have referred to as this the “biggest home flip of all time.”

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Jim and Kristy personal a penthouse in Manhattan and a rustic property within the upstate NY city of Bedford.

All internet worths are calculated utilizing knowledge drawn from public sources. When offered, we additionally incorporate non-public suggestions and suggestions acquired from the celebrities or their representatives. While we work diligently to make sure that our numbers are as correct as attainable, until in any other case indicated they’re solely estimates. We welcome all corrections and suggestions utilizing the button beneath.

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