Ray Dolby
Technology

Ray Dolby Net Worth

Ray Dolby was a renowned audio tech titan who was born in the United States in 1933. He was a talented clarinet player and was hired by Ampex at the age of 16 to develop electrical components of its tape recording system. After earning a Ph.D. in physics at the University of Cambridge, he took a two-year appointment as a United Nations adviser in India and then returned to London to found Dolby Laboratories in 1965. He made his fortune with audio-processing systems that eliminate background noise, which was first used on the soundtrack of the 1971 hit "A Clockwork Orange." He took Dolby public in 2005 and passed away in 2013 due to Alzheimer's Disease and acute leukemia. He is survived by his wife Dagmar and two sons.
Ray Dolby is a member of Technology

Age, Biography and Wiki

Who is it? Founder and director emeritus, Dolby Laboratories Inc. (Cl A)Founder and director emeritus, Dolby Laboratories Inc. (Cl A)
Birth Day January 18, 1933
Birth Place United States
Age 87 YEARS OLD
Died On September 12, 2013(2013-09-12) (aged 80)\nSan Francisco, California, U.S.
Birth Sign Aquarius
Education San Jose State University 1951–1952, 1955 Washington University, St. Louis 1953–1954 Stanford University, B.S.E.E., 1957 Pembroke College, Cambridge, Ph.D., 1961
Spouse(s) Dagmar Bäumert (m. 1966)
Children Tom Dolby David Dolby
Discipline Electrical engineering, physics
Institutions Dolby Laboratories
Projects Dolby NR
Significant design Surround sound
Awards National Medal of Technology (1997) Honorary Officer of the Order of the British Empire (1987)
Service/branch U.S. Army
Years of service early 1950s

💰 Net worth: $2.3 Billion (2024)

Ray Dolby, the renowned founder and director emeritus of Dolby Laboratories Inc. (Cl A) in the United States, is predicted to have a net worth of $2.3 billion by 2024. Dolby's visionary contributions to the audio industry have revolutionized the way we experience sound in film, music, and various entertainment mediums. His pioneering work in noise reduction and surround sound technology has earned him numerous accolades and patents. Through his exceptional inventions, Dolby has established a lasting legacy in the audio field, cementing his position as a key figure in the industry.

2010 $3.6 Billion
2011 $2.4 Billion
2012 $2.4 Billion
2013 $2.3 Billion
2018 $2.3 Billion

Biography/Timeline

1951

Dolby was born in Portland, Oregon, the son of Esther Eufemia (née Strand) and Earl Milton Dolby, an Inventor. He attended Sequoia High School (class of 1951) in Redwood City, California. As a teenager in the decade following World War II, he held part-time and summer jobs at Ampex in Redwood City, working with their first audio tape recorder in 1949. While at San Jose State College and later at Stanford University (interrupted by two years of Army service), he worked on early prototypes of video tape recorder technologies for Alexander M. Poniatoff and Charlie Ginsburg. As a non degree-holding "consultant", Dolby played a key role in the effort that led Ampex to unveil their prototype Quadruplex videotape recorder in April 1956 which soon entered production.

1957

In 1957, Dolby received his B.S. in electrical engineering from Stanford. He subsequently won a Marshall Scholarship for a Ph.D (1961) in physics from the University of Cambridge, where he was a Research Fellow at Pembroke College.

1965

After Cambridge, Dolby acted as a technical advisor to the United Nations in India, until 1965 when he returned to England, where he founded Dolby Laboratories in London with a staff of four. In that same year, 1965, he officially invented the Dolby Sound System, a form of audio signal processing. His first U.S. patent was not filed until 1969, four years later. The filter was first used by Decca Records in the UK.

2013

Dolby died of leukemia on September 12, 2013, at his home in San Francisco at the age of 80. Dolby was survived by his wife Dagmar, two sons, Tom and David, and four grandchildren. Kevin Yeaman, President and chief executive of Dolby Laboratories, said "Today we lost a friend, mentor and true visionary." Neil Portnow, President of the National Academy of Recording Arts and Sciences, said Dolby had "changed the way we Listen to music and movies for nearly 50 years" and that Dolby's "technologies have become an essential part of the creative process for recording artists and filmmakers, ensuring his remarkable legacy for generations to come."

2017

In his will, Dolby bequeathed more than $52 million to Pembroke College at the University of Cambridge, the largest single donation received by the University's current fundraising campaign. In December 2017 it was announced that his family has donated a further £85m from his estate to Cambridge University's Cavendish Laboratory.

Some Ray Dolby images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.