Age, Biography and Wiki
| Who is it? | Chairman Emeritus, Cisco SystemsChairman Emeritus, Cisco Systems |
| Birth Year | 1933 |
| Birth Place | United States |
| Age | 90 YEARS OLD |
| Residence | Portola Valley, California |
| Alma mater | University of Wisconsin (B.A.) Stanford University (M.B.A.) |
| Occupation | Businessman |
| Known for | CEO of Cisco Systems (1988–1995) |
| Spouse(s) | Tashia Frankfurth |
| Children | John Morgridge, 2 others, (one deceased) |
| Relatives | Carrie Morgridge (daughter-in-law) |
Net worth: $1 Billion (2024)
John Morgridge's net worth is projected to reach a staggering $1 billion by 2024. He is widely recognized as the Chairman Emeritus of Cisco Systems, a leading technology company in the United States. Morgridge's significant contributions to Cisco Systems have played a pivotal role in its success and growth over the years. His expertise in the field has cemented his position as a respected figure in the industry, and his exceptional leadership skills have undoubtedly contributed to the company's prosperity. As he continues to be a prominent figure in the tech world, Morgridge's net worth is expected to further increase in the coming years.
Biography/Timeline
Morgridge was born to L. D. Morgridge and Ruth Gordon Morgridge, who were both teachers and church members. He has one brother, Dean L. Morgridge, and one sister, Barbara Morgridge. He grew up in Wauwatosa, Wisconsin, where he attended Wauwatosa East High School. He worked part-time at jobs such as washing equipment in a sweet pea cannery, digging stone at the quarry in Lannon, washing walls in Milwaukee's Pabst Brewery, doing road construction on Highway 64, and working as a railroad brakeman. In 1955, he graduated from the University of Wisconsin and in 1957, he earned a MBA from Stanford University.
After school, he worked for Stratus Computer and Honeywell Information Systems before serving as President and chief operating officer of GRiD Systems. He joined Cisco in 1988, then a four-year-old company with 34 employees, as its second chief executive officer and chairman of the board. He was replaced by John Chambers as CEO in 1995 and as chairman in 2006. At his retirement in 2006, Cisco had 50,000 employees in 77 countries.
Morgridge serves on several corporate and charity boards of Directors, including the Nature Conservancy, the Wisconsin Alumni Research Foundation, and was a trustee of Stanford University (2002-2007) where he teaches management at the Graduate School of Business. Morgridge and his wife are among the group of American billionaires who have committed to give the majority of their wealth to the philanthropic causes and/or charities as part of The Giving Pledge.
In 2010, Morgridge and his wife donated $175 million to create the Fund for Wisconsin Scholars, an endowment which will provide grants to low-income students attending one of Wisconsin’s public colleges or universities. Morgridge Family Foundation donated funds to Immanuel Lutheran School, Mount Olive Lutheran Church, and to several educational and volunteering organizations. Looking back on his life, says John Morgridge, in addition to parents, church and school, "it's the community that helps form our moral compass. It's those attitudes that I've remembered through my entire lifetime. We've been very blessed with what this country has given us. And we intend, before we die, to give it back."
Morgridge was featured in the documentary film Something Ventured, which premiered in 2011.
Some John Morgridge images
