Billionaire Profile
Henry Nicholas III
Global Rank
#100

Image: Public domain | via Wikimedia Commons

Henry Nicholas III

CEO, Broadcom Inc.
US
Real-Time Net Worth
$24.4B
As of December 2025
Age
66
Source
Semiconductors
Industry
technology
Citizenship
US

Biography

Henry Nicholas III is an American entrepreneur, best known as the co-founder and former CEO of Broadcom Corporation. His net worth is estimated at $24.4 billion, primarily from his success in the Semiconductors industry. Nicholas, a UCLA alumnus, co-founded Broadcom in 1991, leading the company to become a key player in the tech industry. His career highlights include pioneering innovations in broadband technology. Beyond business, Nicholas is actively involved in philanthropy, with a focus on education, victim's rights, and medical research. He established The Henry T. Nicholas III Foundation and is a prominent advocate for Marsy's Law, a constitutional amendment for victims' rights.

Wealth Over Time

In-Depth Profile

Early Life

Henry Thompson Nicholas III was born in Cincinnati, Ohio, on October 8, 1959. After his parents divorced, he moved to Los Angeles with his mother and sister. He attended Santa Monica High School and later enrolled in the United States Air Force Academy but left to pursue his degrees at UCLA. Nicholas graduated from UCLA with a Bachelor of Science degree in electrical engineering in 1982 and earned a master's degree in 1985 and a Ph.D. in electrical engineering in 1998.

Rise to Success

Nicholas began his career at TRW, where he met his future business partner, Henry Samueli. In 1991, Nicholas and Samueli co-founded Broadcom Corporation in a Redondo Beach, California condominium. Broadcom quickly grew into a leading semiconductor company, going public in 1998. Nicholas served as CEO until 2003, during which time he spearheaded Broadcom's advancements in broadband and wireless technologies.

Key Business Strategies

A key strategy for Broadcom under Nicholas's leadership was its focus on innovation in the semiconductor sector, particularly for broadband communications. The company's "fabless" business model, outsourcing chip manufacturing, allowed Broadcom to concentrate on design and innovation, enabling rapid scaling and setting it apart from competitors. Broadcom also employed an aggressive acquisition strategy, which fueled its growth.

Philanthropy

In 2003, Nicholas founded The Henry T. Nicholas III Foundation, focusing on education, youth sports, technology, medical research, and victim's rights. He is a strong supporter of crime victims' rights and actively promotes Marsy's Law. His philanthropic efforts include supporting the Nicholas Academic Center and contributing to various educational and cultural institutions.

Career Milestones

1991

Co-founded Broadcom Corporation

Co-founded Broadcom with Henry Samueli.

1998

Broadcom went public

Led Broadcom through a successful IPO.

2003

Retired from Broadcom

Stepped down as CEO of Broadcom.

2006

Founded The Henry T. Nicholas III Foundation

Established a foundation focused on philanthropy, including victim's rights and education.

Philanthropy & Social Impact

Education

Nicholas Academic Centers

$57.7M

Donated to provide academic support to under-resourced high school students.

Victim's Rights

Marsy's Law for All

Unknown

Supports the rights of crime victims.

Business Philosophy & Leadership

Notable Quotes

"A music enthusiast, Nicholas says his inspiration for Broadcom came from Pink Floyd lyrics."

Controversies & Challenges

2008

Indictment for Stock Fraud

Indicted for stock fraud, options backdating, and drug charges.

2019

Drug Possession

Entered an Alford plea to drug-possession charges.