Connect with us

Celebrities

Irwin Jacobs Net Worth

Published

on

$1.23 Billion

Irwin Mark Jacobs was born on the 18th October 1933, in New Bedford, Massachusetts USA, and is an electrical engineer, who is most famous for being a co-founder of the globally renowned telecommunication equipment and semiconductor company – Qualcomm. Apart from this, Jacobs is also widely known as a co-founder and former CEO of Linkabit Corporation.

Have you ever wondered how much wealth this veteran businessman has accumulated so far? How rich Irwin Jacobs is? According to sources, it is estimated that the total amount of Irwin Jacobs’ net worth, as of early 2017, is $1.23 billion, acquired largely through his successful multinational companies which have contributed significantly to the global world of communications.

Irwin Jacobs Net Worth $1.23 billion

Jacobs attended Cornell University from which he graduated with the Bachelor of Science degree in electrical engineering in1956. Later, he enrolled at the Massachusetts Institute of Technology (the meritorious MIT) where he obtained his Master of Science degree in 1957, and where in 1959 he was awarded his Doctor of Science degree in Electrical Engineering and Computer Science (EESC). He stayed then at MIT until 1966, serving as an Assistant, and later Associate Professor of Electrical Engineering. Between 1966 and 1972, Jacobs was a professor of Computer Science and Engineering at the University of California in San Diego, California – the textbook “Principles of Communication Engineering” which was co-authored by him, is still in use today. These engagements provided the basis for Irwin Jacobs’ net worth.

Concurrently, in 1968 alongside Leonard Kleinrock and Andrew Viterbi, Irwin Jacobs co-founded Linkabit Corporation, a San Diego-based technology company. Under Jacobs’ guidance as the company’s CEO and chairman, Linkabit developed Very Small Aperture Earth Terminals (VSATs) as well as the satellite-to-home TV system named VideoCiper®. After the 1980 Linkabit merge with M/A-COM, Jacobs served as company’s executive vice president before he resigned in 1985. It is certain that all these accomplishments helped Irwin Jacobs to dramatically increase the total size of his net worth.

In 1985, Jacobs co-founded a new company – Qualcomm; soon after, the company developed and presented its, at that time, revolutionary and technologically advanced two-way mobile messaging and satellite locating service – OmniTRACS. In 1990, Jacobs and Qualcomm set the foundation of modern mobile communications with TDMA technology and Code Division Multiple Access (CDMA) which was instantly adopted as one of two digital standards, right next to Global System for Mobile Communications (GSM). Doubtlessly, not only that these achievements have helped people all over the globe to communicate much more easily, but these also contributed to Irwin Jacobs’ wealth by a large margin.

Serving as the CEO and later as the chairman, Irwin Jacobs has developed Qualcomm into a multinational visionary telecommunication giant with over 30,000 employees in all corners of the globe, as well as one of today’s innovation leaders. Qualcomm’s chips and equipment are used in the majority of today’s communication gear, while its CDMA wireless technology is used in 3G and 4G smartphones by over 2.2 billion people worldwide, every day. In 2009, Irwin Jacobs resigned from his chairman position, passing it to his son, Paul E. Jacobs. It is certain, that all these business ventures and commercial successes have dramatically increased Irwin Jacobs’ net worth in total.

Since 2006, Irwin Jacobs has been the chairman of the board of trustees of Salk Institute for Biological Studies. Between 2008 and 2012, he served as the National Academy of Engineering’s chairman, while currently he serves as a member of the Board of Advisors of the King Abdulaziz City for Science and Technology Innovation and Entrepreneurship, as well as a Cornell NYC steering committee member.

For his work and contribution to global communications, Irwin Jacobs has received several prestigious honors, including among several others, the Marconi Prize and the National Medal of Technology and Innovation. In 2013, Jacobs was inducted into the National Inventors Hall of Fame, and in 2014 he was elected to the Computer History Museum in Mountain View, California.

When it comes to his personal life, Irwin Jacobs has been married since 1954 to Joan Klein, with whom he has four sons. Apart from his business career, Irwin Jacobs is a generous philanthropist; alongside his wife, Jacobs has donated several hundreds of millions of dollars to several educational institutions, organizations and schools focused in the fields of engineering, computer science and communications.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Celebrities

Ben Stein Net Worth

Published

on

Benjamin Jeremy Stein is an American lawyer, speechwriter, actor, writer and commentator on economic and political issues, but he is also known for participating in many other activities. For example, Ben Stein has even tried himself as a game show host. This famous person in American economics and politics was born on November 25 in 1944 in Washington, D.C., United States during World War II. He attended Columbia College and later Yale Law School. After graduation Ben Stein started to write columns and articles for different US magazines such as Newsmax, Los Angeles Magazine, Penthouse, The Wall Street Journal, Barron’s Magazine, The American Spectator and even for The New York Times.

Ben Stein Net Worth $20 Million

In his writings Stein usually speaks about the economic situation and political issues, and even gives financial advices to individual investors. However, in the mid-60s he also got the job of a poverty lawyer and later continued  as a lawyer for the Federal Trade Comission. After few years of hard work, Ben Stein decided to try himself in acting too, but before starting to get roles he became a Hollywood consultant. Stein got his first comedy role and had to play a boring and monotonous economics teacher in the movie called Ferris Bueller’s Day Off, which was released in 1986. As an actor Ben Stein has since appeared in many other movies, such as The Mask, No Intelligence Allowed, Ghostbusters, Ghostbusters II, The Emperor’s New School, Full House, Casper: A Spirited Beginning, The O’Reilly Factor, Maried… with Children, Duckman, The Emperor’s New Schol, Earthworm Jim, Casper Meets Wendy, Family Guy and Richie Rich.

The famous actor and commentator is also recognized thanks to the Comedy Central channel where he was the main face of the show called “Win Ben Stein’s Money” for which he has even received an Emmy award. Ben Stein was earning $5,000 per episode, but money that contestants won was subtracted from actor’s salary. However, these earnings are just nothing if we compare them with Stein’s net worth, which reached $20 million in 2012.

Ben Stein is well known thanks to his ability to harmonize all his activities and show himself as a talented person in every job he does. But maybe one of his most successful, but not so well-known activities is writing speeches for American presidents. Ben Stein was a speechwriter for Richard Nixon and Gerald Ford. Until now Ben Stein has published 15 books, the first written together with Herbert Stein and released in 1978. In 2012   his last book appeared in stores – “How To Really Ruin Your Financial Life and Portfolio”.

Nowadays Ben Stein lives with his wife Alexandra Denman in Beverly Hills and Malibu, California. The couple married in 1968 and divorced after 6 years, but in 1977 they got back together again. With his wife Ben Stein adopted their son Tom in 1987. As well as his property in Beverly Hills, Ben Stein also owns a summer home in Sandpoint, Idaho and an apartment in the Watergate complex in Washingtton, D.C., which was inherited from his parents.

Continue Reading

Businesspersons

Mikey Teutul Net Worth

Published

on

Michael Joseph was born 26 November 1978, in Montgomery, New York State USA, and widely known as Mikey Teutul, is a reality television personality, the youngest son of Orange County Choppers founder Paul Teutul, Sr. Mikey began his working life at 14, in the family business.

So just how rich is Mikey Teutul, as of late 2017? Authoritative sources estimate that Mikey has a net worth of over $3 million dollars, largely earned  by working at his father’s and older brother Paul Jr,’s company Orange County Choppers (OCC), and Orange County Iron Works, and through his TV appearances.

Mikey Teutul Net Worth $3 Million

Little is known of Mikey’s early life or education – it seems to have always revolved around the family business. Helping out his family in his teens, theoretically he worked as Assistant General Manager. but his main duties were to answer ‘phones, and clear-up and take out the trash. He was on rare occasions given the chance to build bikes, until he was competent to build his own. He also attended events for promoting OCC.

In 2002, the family was invited to take part in a reality show, Discovery Channel’s “American Chopper”, and subsequently “American Chopper: Senior vs. Junior”, in the course of which the youngest son was thrown out of the business – the middle son is Daniel, and younger sister Cristin. The reason for Mikey’s exclusion was  that Mikey tried to be a mediator between his father and his brother, but his father seemed to be offended that his younger son did not take his side, and so threw him out of the business. During the filming of the show, Mikey was somethoing of a comedy relief to his father’s workers, and that comedy streak helped gain him popularity in TV shows. Mikey then joined his brother’s post-OCC venture, -Paul Jr  Designs – along with most of their father’s employees; obviously the work atmosphere with Paul Teutul, Sr. was not a particularly happy one. Mikey’s eldest brother Paul  Jr. was the former chief fabricator of OCC.

So actually the main source of Mikey Teutul’s wealth is not his father’s business, but the shows he eventually took part in. These have included ‘The Late Show with David Letterman”, “Late Night with Conan O’Brien”, and also “The Tonight Show” with Jay Leno. The shows became very popular and Mikey’s appearances earned him a significant amount of money. To say the least, the family drama did not go without consequences – according to rumours, Mikey Teutul was suffering from an addiction problem, and consequently admitted himself to rehab, and managed to overcome the bad habits which were apparently hindering his progress in life, obviously including business.

In his life away from the businesses already referred to and the limelight of TV, Michael loves to paint, and is apparently respected for his productions, as he opened “The Wolfgang Gallery” gallery in Montgomery, New York, where he has sold or auctioned his paintings, adding somewhat to is net worth, although rumours suggest that the gallery may now be closed. Most recently, Mikey is now trying to enter the market under the moniker LLC FarQueue Products with his line of gourmet pasta sauces. Good luck, Mikey!

In his less-than-private personal life, Mikey is apparently still single – there aren’t even any rumours of romantic liaisons.

Continue Reading

Recommended

Models1 day ago

What is Eyal Booker doing now? His Age, Height, Dating, Net Worth

Eyal Booker is a versatile personality known for his roles in reality TV, modeling, and influencing. Recognized for his time...

TV Personalities1 day ago

What does Collete Davis do? Her Age, Height, Leaks, Boyfriend

Collete Davis is known as an American professional race car driver, engineer, entrepreneur, and TV personality. She has competed in...

Instagram1 day ago

The Life and Career of Mar De Regil: Age, Height, Parents, Dating

Mar de Regil has become a sensation on social media, especially on her TikTok content account, marderegil, on which she...

Instagram1 day ago

Carriejune Anne Bowlby: Story of a Gym Lover and Instagram Star

Carriejune Anne Bowlby was born on 7 February 1996 in New Jersey. She’s known for being a prominent figure in...

Celebrities1 day ago

The Rise of Susana Almeida: From Weather Girl to Internet Star

Charismatic Mexican weather girl Susana Almeida, found herself thrust into the spotlight of internet fame following an unexpected wardrobe malfunction...

Social Media Stars1 day ago

What does Shawn Cee do for a living? His Age, Height, Net Worth

Dynamic American YouTuber Shawn Cee, has successfully carved out a distinctive niche within the music review and reaction space. Boasting...

Social Media Stars1 day ago

What does Peter Vigilante do? His Age, Height, Leaks, GF, Net Worth

Peter Vigilante is a multifaceted personality, acclaimed as a social media sensation, personal trainer, and reality television star. His journey...

Social Media Stars1 day ago

How did Matt Sturniolo become Famous? His Age, Height, GF, Bio

Matt Sturniolo is a prominent American content creator and social media personality, widely known as one of the Sturniolo triplets....

Instagram1 day ago

What is Kennedy Walsh famous for? Her Age, Height, Dating, Salary

Notable social media personality Kennedy Walsh, has garnered widespread acclaim for her engaging content on platforms such as YouTube, Instagram,...

Instagram1 day ago

What is Jacob Day Famous for? His Age, Height, Dating, Net Worth

American social media sensation Jacob Day, catapulted into the limelight by sharing an array of lip-sync performances and humorous video...

Trending