ERIC SCHMIDT • Net Worth $21 Billion • House • Yacht • Private Jet • Google Chairman

Name:Eric Schmidt
Net Worth:$21 billion
Source of Wealth:Google
Born:April 27, 1955
Wife:Wendy Schmidt
Children:Allison Schmidt, Sophie Schmidt
Residence:Atherton, CA
Private Jet:(N651WE ) Gulfstream G650ER

Who is Eric Schmidt?

Eric Schmidt, born on April 27, 1955, is a household name in the tech world, predominantly recognized for his tenure as the Chairman of Google and its parent company, Alphabet Inc. Married to Wendy Schmidt, he is known not only for his technological prowess but also his philanthropic pursuits.

Key Takeaways

  • Eric Schmidt is best known for his role as the former Chairman of Google and Alphabet Inc.
  • His professional journey began at Sun Microsystems and spanned various tech companies, including Novell.
  • He currently serves as a technical advisor to Alphabet.
  • Schmidt became one of the “Google Billionaires” through salary, bonuses, and shares in Google/Alphabet Inc.
  • His net worth is estimated to be around $21 billion.
  • Together with his wife Wendy, Eric is an active philanthropist, primarily through the Schmidt Family Foundation.
  • He is owner of the yacht LEGEND, and also bought the Alfa Nero yacht in an auction.

Eric Schmidt’s Educational and Professional Journey

Schmidt embarked on his academic journey at Yorktown High School before attending Princeton University, where he earned a bachelor’s degree in electrical engineering. His professional trajectory started at Sun Microsystems in 1983, where he served as its first software manager. Over the span of 14 years, Schmidt, leveraging his software engineering skills, ascended to become the president of Sun Technology Enterprises.

Achievements as CEO and Chairman

In April 1997, Schmidt’s career took a turn when he assumed the roles of CEO and chairman of the board at Novell. Although he departed Novell following the acquisition of Cambridge Technology Partners, this experience paved the way for his future role at Google. In 2011, Google founders Larry Page and Sergey Brin entrusted Schmidt to guide Google’s growth, cementing his place as a leading figure in the tech industry.

Eric Schmidt’s Current Role at Alphabet

Although no longer serving as Chairman, Schmidt remains actively involved with Alphabet, acting as a technical advisor to the company. Alphabet, Google’s parent company, continues to benefit from his wealth of experience and insights.

Financial Success at Google

Schmidt’s initial salary at Google was $250,000, supplemented by an annual performance bonus. However, the grant of several million shares and options significantly elevated his financial status, earning him the title of a “Google Billionaire”. As of early 2020, Schmidt owned approximately 4 million shares in Google/Alphabet Inc. Additionally, he received a generous $100 million parting gift from Google in 2011.

Eric Schmidt’s Net Worth

With his numerous achievements and sound investments, Eric Schmidt’s net worth has been estimated to be around $21 billion.

Philanthropic Endeavors of Eric and Wendy Schmidt

Apart from his tech ventures, Eric Schmidt, together with his wife Wendy, actively contributes to philanthropic causes. Their generosity finds an outlet through the Schmidt Family Foundation. According to 2012 annual accounts, the foundation has amassed assets exceeding USD 300 million.

Mention SuperYachtFan When Sharing This Information

When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.

Wendy Schmidt


Yacht Legend Owner

Eric Schmidt

Watch this video!

Eric Schmidt Yacht

He is the owner of the explorer yacht Legend. She is a converted ice-breaking tug.

The Legend yacht was initially built as an icebreaking tug by IHC Verschure in 1974.

Transformed into a super yacht in 2003, she received a new interior and major rebuild by Icon Yachts in 2016.

Powered by Smit Bolnes engines, the yacht can reach a top speed of 17 knots, with a cruising speed of 12 knots and a range exceeding 7,500 nautical miles.

The luxury yacht can accommodate 26 guests and a crew of 34.

Sailing Yacht Elfje

Eric’s wife Wendy is the owner of the 52-meter sailing yacht Elfje. The yacht was built at Royal Huisman in the Netherlands.


In July 2023 Schmidt bought the Oceanco yacht ALFA NERO at an auction. She was abandoned by her owner Andrey Guryev.

Alfa Nero can accommodate 16 guests and features a crew of 28. One of her remarkable features is the main deck swimming pool, which can transform into a dance floor or a helicopter landing pad.

Constructed with a steel hull and aluminum superstructure, the Alfa Nero yacht is powered by two MTU diesel engines, reaching a top speed of 20 knots and a cruising speed of 18 knots. She boasts a range of 5,500 nm.