Scott McNealy
CEOs

Scott McNealy Net Worth

He is the co-founder and former CEO of Sun Microsystems, a computer technology company. He has earned a salary of $1.2 million dollars annually from Sun Microsystems. Scott McNealy is an American business executive with a net worth of $1 billion dollars. He is the co-founder and former CEO of Sun Microsystems, and earned a salary of $1.2 million dollars annually from the company. McNealy was born in 1954 in Columbus, Indiana and grew up in Bloomfield Hill, Michigan.
Scott McNealy is a member of CEOs

Age, Biography and Wiki

Who is it? Entrepreneur, Businessperson
Birth Day November 13, 1954
Birth Place United States
Age 69 YEARS OLD
Birth Sign Scorpio
Net Worth: $1 Billion
Gender: Male

💰 Net worth: $1 Billion (2024)

Scott McNealy, a renowned entrepreneur and businessperson in the United States, is estimated to have a net worth of $1 billion by 2024. McNealy, recognized for his contributions to the technology industry, co-founded Sun Microsystems in 1982 and served as its CEO for over two decades. Under his leadership, Sun Microsystems became one of the leading suppliers of computer workstations and servers worldwide. McNealy's entrepreneurial acumen and strategic decision-making undoubtedly played a significant role in his financial success, resulting in his impressive net worth.

He is most famous for being one of the co-founders of the technology behemoth Sun Microsystems. He attended Harvard for his undergraduate degree in economics then earned an MBA from Stanford University. After Stanford, McNealy worked his way to manufacturing director at a company called Onyx Systems. In 1982, a fellow Stanford grad named Vinod Khosla approached Scott, while he was still working at Onyx, about helping launch and guide a small technology business that was to be called Sun Microsystems. The "SUN" in the name was actually a reference to the "Stanford University Network" computer workstation that was developed by Vinod's co-founder Andy Bechtolsheim while they were both graduate students. The company profitable within its first year. McNealy became CEO of Sun in 1984, taking over for Khosla. He would go on to serve as CEO for the next 22 years, stepping down in 2006. The company IPOd in 1986 under the ticker symbol "SUNW", which was changed in 2007 to "JAVA". Sun Microsystems, like most tech companies, experienced a wild surge in business during the dotcom boom of the late 90s and early 2000s. The company retracted in the bubble's aftermath. The stock plummeted from over $100 a share at the bubble's peak in 2001, to less than $10 a share in 2002. Fortunately the company recovered slowly, but surely. In January 2010, Sun Microsystems was acquired by Oracle Corporation for $7.4 billion.

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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.