Marcelo Claure Net Worth

January 26, 2023
2 mins read

Marcelo Claure was born on 9 December 1970, in La Paz, Bolivia and is an American businessman and entrepreneur widely known as the founder of Brightstar Corporation, a wireless industry distribution company, as well as the current Chief Executive Officer of Sprint Corporation, a telecommunications holding company and wireless services provider.

Have you ever wondered how much wealth this business leader has accumulated so far? How rich Marcelo Claure is? According to sources, it is estimated that the total size of Marcelo Claure’s wealth is $20 million as of early 2016, which has been accumulated through various successful business enterprises and investments.

Marcelo Claure Net Worth $20 Million

In his youth, due to his parents jobs Marcelo lived in several countries, including Morocco, Guatemala and the Dominican Republic, before returning to Bolivia, where he enrolled in the American Cooperative School in La Paz from which he matriculated in 1989. Marcelo continued his education in Massachusetts, USA, firstly at the University of Lowell, but he later transferred to nearby Bentley University, from which he graduated in 1993 with a Bachelor of Science degree in economics and finance.

Marcelo then returned to Bolivia where his professional career began in the position of the international marketing manager for the Bolivian Football Federation. In 1995, he moved back to the States, and started working in USA Wireless – a small wireless retail firm which he inherited from the original owner. Within a year, Marcelo Claure managed to expand the business and sell the company. These ventures provided the basis for his later net worth.

However, Marcelo Claure has remained in the wireless industry, and in 1997 he founded Brightstar, a Miami-based company, focused on distribution and providing services of wireless communication, mainly to the Latin American market. Under Marcelo’s leadership, the business started growing rapidly, and soon the company broadened to Bolivia, Paraguay, Brazil and the Caribbean. By 2000, Brightstar already had a distribution deal with Motorola, covering the whole of Latin America. Currently, the company operates in almost 50 countries, spreading on all six continents, and has been named by the Forbes Magazine, as one of the largest privately held companies in the USA. The proof of Marcelo’s success is SoftBank’s purchase of 57% of Brightstar shares in 2013, with a total worth of $1.26 billion. It is certain that these accomplishments have been the main source for Marcelo Claure’s net worth.

Apart from business, Marcelo is a real soccer aficionado, and in 2008 he used the part of his substantial net worth to buy Bolivar Administración Inversiones y Servicios Asociados S.R.L. which runs the Bolivian soccer team Bolivar. Marcelo Claure is also engaged within FIFA’s Committee for Fair Play and Social Responsibility.

Some of the most recent of Marcelo Claure’s business ventures includes being president and the CEO of Sprint Corporation, as well as a position on the board of directors, one of the major internet carriers worldwide, which he accepted in 2014. These involvements have doubtlessly made a positive impact on Marcelo Claure’s overall net worth.

For his hard work, leadership and dedication, Marcelo Claure has been rewarded and honored numerous times with, among others, USA Today’s Entrepreneur of the Year, Young Global Leader by the World Economic Forum, and has also been inducted into the Ernst & Young’s Entrepreneur of the Year Hall of Fame.

When it comes to his personal life, Marcelo Claure has been married to Jordan Engard since 2005, with whom he has three daughters. From his previous marriage, Marcelo has two more children. He currently resides in Kansas City, with his numerous family.

Marcelo Claure has also advocated to help the world’s most disadvantaged children to be educated by co-creating the One Laptop Per Child campaign.

Daniel Wanburg

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.

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