Dick Costolo was born on the 10th September 1963, in Royal Oak, Michigan, USA, and he is a businessman probably best known all over the world for being the CEO of Twitter from 2010 to 2015. He is also recognized for founding Burning Door Networked Media, SpyOnIt, and FeedBurner.
Have you ever wondered how rich is Dick Costolo, as of early 2016? According to sources, it is estimated that the overall size of Costolo’s net worth is equal to $300 million, with the main sum of this amount of money being, of course, his career in the business industry.
Dick Costolo Net Worth $300 Million
Dick Costolo attended the University of Michigan, from which he graduated in 1985 with a B.S. degree in Computer and Communication Sciences; while in college, he was a member of the Phi Gamma Delta fraternity. Side by side with education, Dick was involved in acting classes, and after college he moved to Chicago to become a member of Annoyance Theater, performing improvisational comedy. However, his career as a comedian was only short-lived, as he joined Andersen Consulting, working as a senior manager in product and technology groups. He stayed in the company for eight full years, building his experience, but also adding to his net worth.
Using the fund he had, Dick started the Burning Door Networked Media, and for a few years he was one of the directors of the company, but it was eventually sold to Digital Knowledge Assets in late 1996. After that, he used the money from the sale to start the web page monitoring service, SpyOnIt. The company was his property for four years, after which he sold it to 724 Solutions.
Afterwards, Dick`s net worth increased by starting a web feed management provider FeedBurner, with his colleagues Matt Shobe, Steve Olechovski and Eric Lunt. In no time their collaborative venture became an enormous success, which only further increased Dick`s net worth, and which increased even further, when Feed Burner was acquired by Google in 2007.
Dick then had a job offer from Google, which he accepted, and stayed at the company until 2009, after which he joined Twitter as its COO, but a year later he became the CEO, a position he held until 2015, when he was replaced by Jack Dorsey, co-founder of Twitter. While serving as the company`s CEO, Dick was admitted into the National Security Telecommunications Advisory Committee by the President Obama.
To speak further of his career in technology, Dick`s net worth benefited recently, as he became a board member of the Patreon, and was also a consultant for the TV series “Silicon Valley”, which airs on HBO. Furthermore, Dick has also launched a fitness start-up with his friend and colleague Bryan Oki, and they are currently working on software which will help them attract more popularity, by changing the way people think about fitness.
Dick`s career didn`t stop there, as he recently became a partner of the global venture capital firm, which is essentially focused on investing into information technology and life sciences companies, which will undoubtedly increase further his overall net worth.
Thanks to his success in the business industry, Dick Costolo was considered to be one of the most influential CEOs of Silicon Valley by Business Insider. Besides that, he was also named one of 10 Most Influential US Tech CEOs by TIME magazine.
Regarding Dick Costolo’s personal life, he is married to Lorin, with whom he has two children. Their current residence is in Corte Madera, California.
