John Doerr Net Worth

Doerr joined Intel Corporation in 1974 just as the firm was developing the 8080 8-bit microprocessor. He eventually became one of Intel's most successful salespeople. He also holds several patents for memory devices.

Doerr was born in St. Louis, Missouri. One of five siblings, Doerr graduated from Chaminade College Preparatory School in St. Louis. He obtained a B.S. and M.E.E. degrees in electrical engineering from Rice University and an MBA from Harvard Business School in 1976.

He joined Kleiner Perkins Caufield & Byers in 1980, and since then has directed venture capital funding to some of the most successful Technology companies in the world including Compaq, Netscape, Symantec, Sun Microsystems, drugstore.com, Amazon.com, Intuit, Macromedia, and Google.

In 1997, Doerr was named a Distinguished Alumnus of Rice University for his accomplishments in Business.

Doerr advocates innovation in clean Energy technologies to combat climate change, and has written and testified on the topic. In a 2007 TED conference, he cited his daughter's remark, "your generation created this Problem, you better fix it", as a call to fight global warming.

In 2008 he announced with Steve Jobs the Kleiner Perkins $100 million iFund, declaring the iPhone "more important than the personal computer" because "it knows who you are" and "where you are." In April 2010, he along with other iFund members announced an increase in iFund's value by another $100 million, making iFund the worlds biggest investment pool in the cell phone application industry.

In 2009, Doerr was named a Fellow of the American Academy of Arts & Sciences.

In 2010, Doerr was inducted into the California Hall of Fame.

Doerr mentored Ellen Pao when she first joined Kleiner Perkins Caufield & Byers. Before changing his mind in 2012, he was known for challenging those who gave her negative performance reviews.

In April 2013, a lobbying group called FWD.us (aimed at lobbying for immigration reform and improvements to education) was launched, with John Doerr listed as one of the founders. Doerr is a supporter of the Democratic Party and has hosted fundraisers for them on several occasions.

Doerr has backed some of the world’s most successful entrepreneurs, including Larry Page, Sergey Brin, and Eric Schmidt of Google; Jeff Bezos of Amazon.com; and Scott Cook and Bill Campbell of Intuit.