| Name: | Eric Schmidt |
| Net Worth: | $21 billion |
| Source of Wealth: | |
| Born: | April 27, 1955 |
| Age: | |
| Country: | USA |
| Wife: | Wendy Schmidt |
| Children: | Allison Schmidt, Sophie Schmidt |
| Residence: | Atherton, CA |
| Private Jet: | (N651WE ) Gulfstream G650ER |
| Yacht: | Legend |
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.
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.
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.
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.
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.
With his numerous achievements and sound investments, Eric Schmidt’s net worth has been estimated to be around $21 billion.
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.
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He lives with his wife Wendy in Atherton, CA. And they own a second home in Montecito.
Atherton, California, located in San Mateo County, is an enchanting community known for its remarkable affluence and suburban tranquility. A stone’s throw away from Silicon Valley, Atherton has become a desirable residence for technology moguls, fostering an unparalleled atmosphere of luxury and innovation. The town boasts magnificent estates nestled among verdant landscapes, further enhanced by a stringent no-commercial-zone policy that preserves its quiet, residential character.
In Atherton, residents enjoy a unique blend of rural charm and urban convenience. The town’s close proximity to Stanford University and other renowned educational institutions makes it an intellectual hub. Residents often spend leisure time at the Holbrook-Palmer Park, a beautiful 22-acre recreational facility that embodies the town’s commitment to community wellness. Moreover, Atherton’s location, near key transportation routes and airports, ensures connectivity, enhancing its appeal as a residential sanctuary amidst the bustle of Silicon Valley.
The Menlo Circus Club adds a historic touch, offering equestrian events and fostering a tight-knit community. Despite its compact size, Atherton delivers a rich quality of life, marked by safety, education, and the harmonious coexistence of nature and luxury. Indeed, Atherton, CA, is an idyllic retreat that exemplifies the height of Californian living.
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.
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.
They own a Gulfstream G650ER private jet, with registration N651WE. The WE probably refers to Wendy and Eric. The aircraft was built in 2015. A Gulfstream G650ER has a list price of US$ 70 million.
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
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SuperYacht Owners Database 8-2023
