Tim Draper - Net Worth, Age, Height, Birthday, Bio, Wiki!

Explore Tim Draper net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Tim Draper? Who is Tim Draper dating now & how much money does Tim Draper have?

Tim Draper Biography

Tim Draper is one of the most popular and richest Venture Capitalist who was born on June 11, 1958 in California, United States.

Timothy Cook Draper (born June 11, 1958) is an American venture capital investor, and founder of Draper Fisher Jurvetson (DFJ), Draper University, Draper Venture Network, Draper Associates, and Draper Goren Holm. His most prominent investments include Baidu, Hotmail, Skype, Tesla, SpaceX, AngelList, SolarCity, Ring, Twitter, DocuSign, Coinbase, Robinhood, Ancestry.com, Twitch, Cruise Automation, and Focus Media. In July 2014, Draper received wide coverage for his purchase at a US Marshals Service auction of seized bitcoins from the Silk Road marketplace website. Draper is a major proponent of Bitcoin and decentralization.

Draper attended Phillips Academy Andover before matriculating to Stanford University, where he graduated with a BS in electrical engineering in 1980. He later earned an MBA from Harvard Business School in 1984.

Draper is the third in a familial line of venture capitalists and government officials. He is the son of Phyllis (Culbertson) and William Henry Draper III and the younger brother of actress Polly Draper. His father is the founder of Draper & Johnson Investment Company and former chairman and president of the Export-Import Bank of the United States. His grandfather, William Henry Draper Jr., founded Draper, Gaither and Anderson in 1958 and served as the first ambassador to NATO.

Tim Draper Net Worth

Net Worth: Timothy Cook Draper, widely known as Tim Draper, boasts an impressive net worth of approximately $1 billion, according to financial reports. Draper’s considerable wealth primarily finds its roots in his long-standing career as a venture capitalist and his continuous and successful investments in various companies. These investments include some major industry players like Baidu, Hotmail, Skype, Tesla, SpaceX, and Bitcoin. This has not only fueled his wealth but also established him as a leading figure in the venture capitalist world. Compared to industry standards, Draper’s wealth is certainly at the high end, surpassing many of his peers.

Career and Financial Growth: Tim Draper’s meteoric rise as a venture capitalist began with the inception of his own venture capital firm, Draper Fisher Jurvetson (DFJ), in 1985. He demonstrated a keen eye for profitable investments, a factor that played a crucial role in his wealth accumulation. For example, his groundbreaking venture in Hotmail, where he proposed attaching a brief advertising message to the bottom of outgoing emails, resulted in substantial monetary gain. Other smart investments that have contributed significantly to his net worth include stakes in Skype, Tesla, and Bitcoin.

Source of net worth: Draper’s primary source of net worth stems from his involvement in venture capitalism where he has played a significant role in initiating and nurturing some successful start-ups. By investing strategically, he has been able to amass a fortune. In addition to this, Draper might have additional income streams from endorsements and sponsorships; however, these are not widely publicized or documented.

Personal Projects and Ventures: In addition to managing his venture capital firm, Draper has launched several initiatives, including founding the renowned Draper University. The educational institution focuses on nurturing entrepreneurial talent, thus showcasing his commitment to supporting budding business ventures.

Philanthropy: As someone with immense wealth, Tim Draper has also engaged in philanthropic efforts. He’s known to champion for free markets and entrepreneurship on the global stage. While his specific charitable contributions are not widely known, it’s typical for influential figures like him in the venture capitalist industry to support causes related to education, health, and community development.

Recent Developments: Draper continues to invest in an array of start-ups and companies, with his recent investments centered around sectors of artificial intelligence, Bitcoin, blockchain, and computational genomics. This aligns with current economic trends moving towards digital currencies and technologies. However, the volatile nature of these investments may affect his future net worth. Another crucial factor to consider is his continued emphasis on decentralization and Bitcoin, which could potentially alter his wealth, given the inherent risks associated with cryptocurrencies.

In 2000, Draper spent $20 million on a failed measure to support school vouchers.

Draper was the first Silicon Valley venture capitalist to invest in China through the global fund DFJ ePlanet. In 2001, Draper negotiated with CEO Robin Li of Baidu to buy 28% of the company on behalf of ePlanet for USD $9 million.

Ethnicity, religion & political views

Many peoples want to know what is Tim Draper ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Tim Draper's ethnicity is Not Known. We will update Tim Draper's religion & political views in this article. Please check the article again after few days.

Draper invested in Jack Smith and Sabeer Bhatia, who presented him with their company, Hotmail. While numerous publications intimate that he “invented viral marketing” in 1996, this major acclaim was his early support for the founders, due to his idea of automatically attaching a brief advertising message to the bottom of outgoing Hotmail emails. Draper and Jurvetson then coined the term “viral marketing,” though the neologism itself is documented as early as a 1989 edition of PC User.

Who is Tim Draper Dating?

According to our records, Tim Draper married to Melissa Draper. As of January 13, 2024, Tim Draper’s is not dating anyone.

Draper’s father, Bill Draper, was an early investor in Skype, and DFJ backed Skype in 2004. The company owned 10% of Skype in 2005 when it was sold to eBay for US$4.1 billion. Draper and Niklas Zennström appeared in the first Skype video together in 2007 at Stanford University.

Height, Weight & Body Measurements

Tim Draper height Not available right now. Tim weight Not Known & body measurements will update soon.

In 1985, Draper left the investment bank Alex. Brown & Sons to start his own venture capital firm. Former colleague John H.N. Fisher became a partner in 1991, and business student Steve Jurvetson became the third partner in the firm in 1994.

In 2006, Draper through DFJ was an investor in the Series C venture round of Tesla. In 2007, Draper again invested in Tesla’s Series D venture round through Draper Associates.

Facts & Trivia

Tim Ranked on the list of most popular Venture Capitalist. Also ranked in the elit list of famous people born in United States. Tim Draper celebrates birthday on June 11 of every year.

In 2013, Draper launched Draper University of Heroes, an educational program that offers a crash course in entrepreneurship. The university’s residential program is based in San Mateo, California, and the curricula are designed by Draper.

What is Tim Draper known for?

Timothy Cook Draper (born June 11, 1958) is an American venture capital investor, and founder of Draper Fisher Jurvetson (DFJ), Draper University, Draper Venture Network, Draper Associates and Draper Goren Holm.

How do I contact Tim Draper?

“I’m at [email protected],” he tells CNBC Make It. He gives it out to everyone because he likes helping people and it keeps him on top of his game.

Is Adam Draper related to Tim Draper?

Both Tim and Adam Draper have been early supporters of bitcoin. Tim founded Draper University—which has a free course on bitcoin. Tim’s son Adam launched Boost VC, an incubator-fund that invests in blockchain technology and virtual reality.

How old is Tim Draper?

63 years (June 11, 1958)

How many Bitcoins does Tim Draper own?

Tim Draper is a well-known venture capitalist and tech billionaire. He purchased nearly 30,000 Bitcoins that were seized from the Silk Road. Moreover, he holds multiple cryptocurrencies in his digital wallet spanning all the way back.

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