Linus Torvalds Net Worth

Net Worth  Net Worth: $150 Million

Daniel Wanburg

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Linus Benedict Torvalds was born on 28th December 1969, in Helsinki, Finland. Currently, he resides in USA. Torvalds became famous as an engineer of computer software who created the kernel of Linux. Later, the kernel was used for other operating systems. Currently, Linus works for The Linux Foundation in USA, and is known all over the globe as nowadays his creations are internationally recognized and respected. Linus and Shinya Yamanaka were awarded by the Technology Academy Finland and received the Millennium Technology Prize in 2012. More, he won IEEE Computer Society Computer Pioneer Award in 2014.


Linus Torvalds Net Worth $150 Million


The main source of Linus Torvalds’ net worth is information technology. Currently, it has been estimated that the net worth of Linus is as high as $150 million, while drawing a salary of $10 million per annum.

To start from the very beginning, Linus was born into the family of two journalists who named their son after the Nobel Prize winner, the famous chemist, Linus Pauling. In 1996, Torvalds graduated from the University of Helsinki having a Master’s degree in computer science (“Linux: A Portable Operating System” was the title of his thesis), though his studies were interrupted by mandatory military service in Finland. The first original examples of Linux were released during his studies at university.

In 1997, Linus agreed to the conditions offered by Linux Foundation and continued his work in 86open choosing the standard binary format for Unix and Linux. Soon, he was inducted into the top 100 innovators under age 35 by the MIT Technology Review TR100. After the creation of Torvalds’ was presented to public, the share value significantly jumped up, as well as the wealth of Linus. In 1999, Stockholm University honoured him with doctor status, and in 2000, Linus received the Lovelace Medal.

Linus was criticized somewhat for using BitKeeper software, so he has created the replacement for it and named it Git. At present, Linus Torvalds is allowed to pay attention to improving Linux as he is sponsored by Linux Foundation. It is worth mentioning that he is not alone in this work, as thousands of people are working on this, although Linus is in authority to decide whether the additional code will be embodied into Linux kernel or not. Linus Torvalds has been named the revolutionary hero by Time Magazine in 2006, and in 2012, Torvalds was inducted into the Internet Hall of Fame.

Linus Torvals is Finnish by nationality. In addition to this, he accepted American citizenship in 2010, and is able to vote in USA. In society he is seen as a famous and popular person on account of being invited to participate in the political life of USA, but has refused to participate in the activities of any political party.

Linus Torvalds is married to a karate champion, Tove Torvalds: they have been together since 1993. The family has three daughters, and the family residence is located in Dunthorpe, Oregon, USA.

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