Tench Coxe net worth reflects his savvy investments in Nvidia and Snowflake. As a leading global billionaire, he has influenced the tech and venture capital industries. WorldofCEOs dives into his financial journey and key roles.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Tench Coxe |
| Popular Name | Tench Coxe |
| Gender | Male |
| Birth Date | N/A |
| Age | 66 |
| Parents | N/A |
| Siblings | N/A |
| Birthplace | N/A |
| Nationality | United States |
| Ethnicity | N/A |
| Education | Bachelor of Arts/Science, Dartmouth College; Master of Business Administration, Harvard Business School |
| Marital Status | Married |
| Sexual Orientation | Straight |
| Wife/Spouse | N/A |
| Children | 3 |
| Dating | N/A |
| Net Worth | $5.4 billion |
| Source of Wealth | Venture Capital |
| Height | N/A |
What is the Net Worth of Tench Coxe in 2024?
Tench Coxe’s net worth in 2024 is an impressive $5.4 billion. This places him among the wealthiest financial industry icons.
His strategic investments, especially in tech companies like Nvidia and Snowflake, have significantly boosted his financial standing.
Compared to other notable figures in the industry, Tench Coxe’s net worth is substantial:
- Jensen Huang
- Mark Stevens
- Bill Gates
- Warren Buffett
- Elon Musk
- Jeff Bezos
- Larry Ellison
- Larry Page
- Sergey Brin
These individuals are either competitors, partners, or friends of Tench Coxe in the financial and tech industries.
Tench Coxe Finance Overview
Sources of Wealth
Tench Coxe has accumulated his wealth through various avenues. His primary source of income is venture capital investments. Over the years, his roles and investments in major tech firms have played a crucial role in his financial success.
Companies like Nvidia, where he has served on the board since 1993, and Snowflake, have contributed significantly to his wealth.
Additionally, his long tenure at Sutter Hill Ventures, where he served as a managing director from 1989 to 2020, has also been a major contributor.
Role at Nvidia
Coxe’s role at Nvidia is particularly noteworthy. He has been a board member since 1993, a position that has allowed him to accumulate substantial stock as compensation.
This has made him the third largest individual shareholder at Nvidia, only behind founder Jensen Huang and fellow board member Mark Stevens.
His stock compensation has significantly boosted his net worth and solidified his position in the financial industry.
Investments in Snowflake
In addition to Nvidia, Coxe’s investments in Snowflake have also been highly lucrative.
As of late 2021, he owned about 1% of the shares in Snowflake, thanks to Sutter Hill Ventures being the earliest investor in the company.
The financial returns from this investment have been substantial, further enhancing his wealth.
Contributions from Sutter Hill Ventures
Coxe’s contributions to Sutter Hill Ventures are extensive. During his time as managing director, he was involved in numerous successful investments that generated significant returns.
His strategic decision-making and investment acumen have greatly influenced his financial success and the success of the firms he has invested in.
Board Memberships and Financial Impact
Coxe’s financial success is not limited to Nvidia and Snowflake. He also serves on the board of Artisan Partners Asset Management and has held various other board memberships over the years.
These roles have provided him with additional income and opportunities to influence and benefit from the companies’ successes.
Financial Growth and Strategies
Coxe’s investment strategies have played a crucial role in his financial growth. He focuses on achieving a high compound annual growth rate (CAGR) through diversified investments.
His ability to identify and invest in high-growth potential companies has been a key factor in his financial success.
Education and Early Career
Coxe’s educational background includes a Bachelor of Arts/Science from Dartmouth College and an MBA from Harvard Business School.
His early career moves and initial investments laid the foundation for his later financial success.
His education provided him with the skills and knowledge necessary to navigate the complex world of venture capital and investments.
Personal Life and Financial Decisions
Coxe’s personal life, including his residence in Palo Alto, California, and his family, have also influenced his financial decisions.
His lifestyle and philanthropic activities are reflective of his financial success, and his decisions have furthered his wealth and influence in the financial industry.
FAQs about Tench Coxe
What companies is he associated with?
He is associated with Nvidia and Snowflake. He has been on Nvidia’s board since 1993 and has significant investments in Snowflake.
What is his role at Nvidia?
He is a board member at Nvidia since 1993, accumulating substantial stock compensation.
What other companies has he invested in?
He has invested in Pure Storage, Yext, and Artisan Partners Asset Management through Sutter Hill Ventures.
What roles has Coxe held at Sutter Hill Ventures?
He was a managing director at Sutter Hill Ventures from 1989 to 2020, leading many successful investments.
How has his investment in Snowflake performed?
His investment in Snowflake has been highly profitable, with about 1% ownership as of late 2021.
What is Coxe’s impact on the tech industry?
He has significantly impacted the tech industry through his roles and investments in Nvidia and Snowflake.
What other board memberships does he hold?
He serves on the board of Artisan Partners Asset Management and has held other board memberships over the years.
How has his role at Nvidia contributed to his wealth?
His role at Nvidia has greatly boosted his wealth through stock compensation and long-term involvement.
Conclusion
Tench Coxe’s financial success showcases the impact of strategic investments and leadership roles. Share your thoughts, spread the word, or explore more at worldofceos.com.
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