Billionaire Profile
Eric Schmidt
Global Rank
#55

Image: Guillaume Paumier | CC BY 3.0 | via Wikimedia Commons

Eric Schmidt

CEO, Google
UNITED STATES
Real-Time Net Worth
$38.11B
Estimated based on Google stock value as of April 20, 2026
0% (24h)
Age
70
Source
Google
Industry
Technology
Citizenship
UNITED STATES

Biography

Eric Schmidt is an American businessman, software engineer, and philanthropist. He served as the CEO of Google from 2001 to 2011, overseeing the company's dramatic expansion and diversification. During his tenure, Google grew from a Silicon Valley startup to a global technology leader. He then served as Executive Chairman of Google and its parent company, Alphabet Inc., from 2011 to 2018, and as a Technical Advisor until 2020. Schmidt is currently the CEO of Relativity Space, an aerospace manufacturing company. With an estimated net worth of $35.1 billion, he is a prominent figure in the tech industry and a significant philanthropist, contributing to various initiatives through Schmidt Futures and the Schmidt Family Foundation.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Eric Emerson Schmidt was born on April 27, 1955, in Washington, D.C. He spent part of his childhood in Italy due to his father's work, which he has stated changed his outlook. Schmidt attended Yorktown High School in Arlington County, Virginia, graduating in 1972. He earned a Bachelor of Science in Engineering degree from Princeton University in 1976, initially as an architecture major before switching to electrical engineering. He later pursued further studies at the University of California, Berkeley, obtaining a Master of Science in 1979 and a Ph.D. in computer science in 1982.

Rise to Success

Schmidt's career began in the technology sector with roles at Bell Labs and Xerox PARC. He joined Sun Microsystems in 1983, eventually becoming president of Sun Technology Enterprises. In 1997, he became CEO and chairman of Novell. Schmidt's most notable role was as CEO of Google from 2001 to 2011. During this period, he introduced elements of conventional business structure into Google and helped to grow the company into a global leader. He then served as Executive Chairman of Alphabet Inc. from 2015 to 2018, and remained a technical advisor until 2020.

Key Business Strategies

Under Schmidt's leadership, Google expanded its services beyond search, introducing various applications and acquiring numerous companies. He is credited with introducing conventional business structures to the company. Schmidt focused on scaling Google's infrastructure and diversifying its product offerings while maintaining a strong culture of innovation. He has been involved in AI policy and has been the chair of the National Security Commission on Artificial Intelligence.

Philanthropy

Schmidt and his wife, Wendy Schmidt, founded Schmidt Futures, a philanthropic initiative. Their philanthropic efforts also extend to the Schmidt Family Foundation, focusing on climate change and supporting ocean and marine life studies, as well as education in cutting-edge research and technology. Schmidt's work with various boards and commissions reflects his commitment to addressing complex global issues through technology and innovation.

Career Milestones

1976

Graduated from Princeton University

Earned a Bachelor of Science in Engineering degree.

1983

Joined Sun Microsystems

Held various positions, eventually becoming president of Sun Technology Enterprises.

1997

CEO of Novell

Became CEO and chairman of Novell.

2001

CEO of Google

Led Google from a Silicon Valley startup to a global leader in technology.

2011

Executive Chairman of Google/Alphabet

Served as Executive Chairman of Google (2011-2015) and Alphabet (2015-2018).

2025

CEO of Relativity Space

Joined aerospace start-up Relativity Space as CEO.

Philanthropy & Social Impact

Education, Technology, and Society

Schmidt Futures

$XB

Philanthropic initiative focused on societal issues.

Environmental Conservation

Schmidt Family Foundation

$XB

Focuses on climate change and supporting ocean and marine life studies.

Oceanographic Research

Schmidt Ocean Institute

$XB

Supports oceanographic research.

Business Philosophy & Leadership

Notable Quotes

"The Internet is the first thing that humanity has built that humanity doesn't understand, the largest experiment in anarchy that we have ever had."

"Your car should drive itself. It's amazing to me that we let humans drive cars… It's a bug that cars were invented before computers."

Leadership Principles

Innovate

Encouraging a culture of innovation within the company.

Find smart people

Emphasizing the importance of hiring and working with intelligent individuals.

Dream Bigger

Encouraging teams to be super ambitious.

Controversies & Challenges

2005

Google blackballed CNet

Google blackballed CNet for a year after the publication ran a story including some sensitive details about Schmidt's residence, political persuasion, and paycheck.

2025

Michelle Ritter Lawsuit

Schmidt was sued by Michelle Ritter, accusing him of abuse, stalking and digital surveillance.